As of 2023, imports of lard, other pig fat, and poultry fat to France stood at a certain baseline value, serving as a reference for projected trends. From 2024 to 2028, the import value is forecasted to grow steadily from 26.545 million USD to 28.409 million USD. This reflects moderate year-on-year growth, with a consistent increase suggesting a steady demand for these fat imports. The compound annual growth rate (CAGR) over this 5-year period is indicative of a gradual upward trend in dollar value terms.
Future trends to watch for:
- The impact of dietary shifts towards plant-based alternatives potentially affecting demand.
- Influence of domestic production changes and global market fluctuations on import needs.
- Policy adjustments concerning food safety and import regulations.