In 2023, the actual value of rapeseed production in France stood at an unspecified figure. From 2024 to 2028, forecasts indicate a steady increase from €2.69 billion to €2.77 billion. The year-on-year growth is approximately 0.74% on average. The compound annual growth rate (CAGR) over this period is expected to be around 0.74%, indicating a consistent growth trajectory.
Future trends to watch for:
- Potential impacts of climate change on crop yields and production costs.
- Shifts in global demand for rapeseed oil, influenced by biofuel policies.
- Technological advancements in agriculture that may enhance productivity.
- Changes in EU agricultural subsidies and their impact on the sector.
