The forecast for the import of hydrogenated or esterified animal or vegetable fats and oils to France indicates a persistent decline from 2024 to 2028. In 2023, the import volume stood at 'X' million kilograms. The projected figures are expected to drop annually, reflecting a year-on-year percentage decrease as follows: 2025 sees a 2.37% reduction from 2024, 2026 a 2.41% decline from 2025, 2027 a 2.44% decrease from 2026, and 2028 another 2.48% drop from 2027. The Compound Annual Growth Rate (CAGR) over this five-year forecast period suggests a steady average decline each year.
Future trends to watch for include:
- Potential impact of regulatory changes on import quantities, especially those promoting sustainable and alternative ingredients.
- Shifts in domestic production capabilities or preferences towards local sourcing.
- Global market dynamics affecting the price competitiveness of imports.
