In 2023, rapeseed production in France stood at 3.6961 million metric tons. The forecasted data from 2024 to 2028 shows a consistent decline in production volume. Specifically, the production is expected to decrease from 3.6263 million metric tons in 2024 to 3.362 million metric tons by 2028. This represents a year-on-year percentage decrease as follows:
- 2024 to 2025: -1.88%
- 2025 to 2026: -1.87%
- 2026 to 2027: -1.87%
- 2027 to 2028: -1.87%
Over the last 5 years, the compound annual growth rate (CAGR) is approximately -1.85%, indicating a gradual but steady decline in production.
Future trends to watch for include the impact of changing climate conditions, advancements in agricultural technology, and shifts in domestic and international market demand. Additionally, policy developments related to renewable energy sources and biofuel production could significantly influence rapeseed production in France.
