In 2023, the re-import of milk and cream to France stood at a valuation not provided in your data. The forecast from 2024 to 2028 shows a steady increase in re-import values, starting at $13.775 million in 2024 and reaching $15.67 million in 2028. The year-on-year growth is consistent, with values rising annually by about 3.5% to 3.8%. The compound annual growth rate (CAGR) over this five-year period is a moderate increase, reflective of a stable market expansion.
Future trends to watch in this market include:
- Fluctuations in global dairy prices impacting import costs.
- Changes in EU trade policies and tariffs post-Brexit and geopolitical factors.
- Shifts in consumer demand towards plant-based milk alternatives.
- Technological advancements in supply chain efficiencies reducing costs.
