In 2024, France's agricultural raw materials exports are forecasted to remain stable compared to 2023. However, a slight gradual decline follows in the subsequent years, with a decrease reaching approximately 3% by 2028. From 2026 onwards, the year-on-year export value is expected to slightly diminish annually by 1%. The compound annual growth rate (CAGR) between 2024 and 2028 is approximately -0.75%. This indicates a moderate but consistent downward trend in the share of agricultural raw materials relative to total goods exports.
Future trends to watch for include:
- Potential impact of climate change on agricultural productivity.
- Shifts in global demand and prices for raw materials.
- Changes in trade policies affecting agricultural exports.
- Technological advancements in agriculture potentially altering production and export dynamics.
