The forecast for the re-import of saffron to France from 2024 to 2028 indicates a steady growth, with projected increases each year. The volume is estimated to rise from 59.86 kilograms in 2024 to 67.38 kilograms by 2028. This reflects a year-on-year growth of approximately 3.2% to 2.8% annually. The compound annual growth rate (CAGR) over this period is anticipated to be close to 3%.
In 2023, the volume of saffron re-imported into France stood at a lower baseline, demonstrating that the French market for saffron is experiencing a steady and incremental upward trend.
- Future trends to watch for include the potential impact of changes in global saffron production and market dynamics as a result of climate change, geopolitical factors, and shifts in consumer demand for premium spices.