Based on the provided data, France's export volume of distilled alcoholic beverages has experienced variability over the past decade. In 2023, the volume stood at 433.0 thousand metric tons, marking an annual increase of 0.7% year-on-year. Analyzing the last five years, the compound annual growth rate (CAGR) is 0.52%. Notably, the period from 2020 to 2021 saw a significant recovery with a 21.33% rise after a steep decline of 16.41% in 2020.
From 2024 onwards, forecasts indicate a steady, moderate growth trend, with the volume expected to reach 448.73 thousand metric tons by 2028, translating to a CAGR of 0.56% over the next five years. This forecasted growth represents an overall increase of 2.84% compared to the 2024 figures.
Future trends to watch for include potential market shifts due to changes in global trade policies, the impact of sustainability practices on production, and shifts in consumer preferences towards premium and craft distilled beverages. Continuous monitoring of these factors will be crucial for accurate long-term forecasting and strategy development.