The forecasted import volume of grape juice or must to France is set to decline steadily from 21.748 million kilograms in 2024 to 9.8024 million kilograms by 2028. In 2023, the import was slightly above 24 million kilograms, indicating a declining trend. Analyzing year-on-year changes, there is an approximate 14.2% reduction from 2024 to 2025, a 16.1% from 2025 to 2026, and a 18.8% decrease from 2026 to 2027, with an even sharper decline heading into 2028. The compound annual growth rate (CAGR) suggests a continuous average annual decline due to the decreasing trend in import demand.
Future trends to watch for include:
- Potential policy changes affecting import tariffs or local grape production incentives.
- Shifts in consumer preferences towards more local or sustainably produced juices.
- Global economic factors that might affect the cost of imports and purchasing power in France.