From 2024 to 2028, France's forecasted import volume of crude soya-bean oil demonstrates a consistent declining trend, starting at an estimated 29.558 million kilograms in 2024 and decreasing to 13.07 million kilograms by 2028. Compared to 2023, where imports stood at approximately 34 million kilograms, the forecast shows a pronounced downward trajectory. The year-on-year percentage decrease averages around 15%, indicating a substantial reduction in import reliance over the consecutive years. The five-year compound annual growth rate (CAGR) reflects this consistent drop in volume.
Future trends to watch for include potential policy shifts towards domestic production, changes in dietary consumption patterns favoring alternative oils, and global trade dynamics affecting soya-bean oil prices. Monitoring these factors will be crucial for understanding the long-term import scenario for France.
