In 2023, the import of crude palm oil to France stood considerably below the expected figures for 2024. Forecasted data suggests a steady growth in import values, with figures projected to increase annually from 75.718 million USD in 2024 to 76.076 million USD in 2028. The year-on-year variation reflects a consistent yet modest growth pattern, averaging less than 0.5% annually. Over the five-year span, the compound annual growth rate (CAGR) suggests that France’s imports of crude palm oil are set to experience stable, incremental growth.
Future trends to watch for include potential shifts in global trade policies, environmental restrictions, and alternative oil market developments, all of which could impact France’s crude palm oil import dynamics. Stakeholders should also keep an eye on technological advancements in oil production and processing which could influence import needs and pricing.
