In 2023, imports of tobacco products, substitutes, extracts, and essences to France reached around 17.7 million US dollars. Forecast for 2024 predicts a decrease to about 17.584 million US dollars, with a gradual year-on-year decline of approximately 1% through 2028, reaching 16.887 million US dollars. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately -1%.
Key trends and factors to watch for:
- Potential regulatory changes affecting tobacco and substitute products.
- Shifts in consumer preferences towards alternative and healthier products.
- Impact of economic changes and global supply chain disruptions on import values.