In 2023, the import of undenatured ethyl alcohol to France stood at 255.81 million kilograms, showing a year-on-year increase of 2.66%. Over the last two years, the import volume exhibited an average annual growth of 2.98%. The historical data from 2013 to 2023 reveals significant fluctuations with a peak in 2017 at 232.67 million kilograms and a notable dip in 2020 to 195.49 million kilograms. The average compound annual growth rate (CAGR) over the past five years stands at 2.98%, indicating a steady upward trend.
Looking forward, forecasts suggest continued growth in import volumes with a five-year CAGR of 2%, reaching 290.41 million kilograms by 2028. This represents a cumulative growth rate of 10.39% over the forecast period.
Future trends to watch for:
- Impact of regulatory changes on alcohol import policies.
- Shifts in domestic production versus import reliance.
- Economic factors influencing demand and supply chains.