The re-import value of tea and mate extracts, essences, and concentrates to France is projected to grow steadily from $107.49 Thousand US Dollars in 2024 to $125.81 Thousand US Dollars by 2028, indicating a robust upward trend. This consistent rise reflects an increase of approximately 4% year-on-year, illustrating a strong demand for these products in the French market.
Given its 2023 actual value of $102 Thousand US Dollars, the Compound Annual Growth Rate (CAGR) for this five-year period is estimated to be around 4.3%, highlighting sustained growth prospects.
Future trends to watch for include potential changes in consumer preferences, environmental impacts on tea production, and fluctuations in global trade policies, which could significantly affect imports. Monitoring these factors will be crucial for accurate projections and strategic decision-making.
