The import of partly or wholly hydrogenated animal fats and oils to France is anticipated to gradually decline over the forecasted period from 2024 to 2028. The imports, which stood at [value] million kilograms in 2023, are projected to decrease by approximately 2.23% year-on-year on average from 2024 to 2028. The year-on-year reduction from 2024 to 2025 is 2.22%, from 2025 to 2026 it is 2.25%, from 2026 to 2027 it is 2.28%, and from 2027 to 2028 it is 2.31%. The compound annual growth rate (CAGR) for the five-year period leading up to 2028 is -2.28%, indicating a consistent downtrend.
Future trends to watch for include potential shifts in consumer preferences towards healthier alternatives to hydrogenated fats, changes in trade policies or tariffs impacting import levels, and technological advancements that may alter the production or demand patterns of these fats and oils.
