In 2023, the actual imports of animal, vegetable fats and oils, and cleavage products to France stood at approximately 2.89 billion USD. From 2024 onwards, the imports are forecasted to slightly increase annually from 2.9123 billion USD to 2.9905 billion USD by 2028. This reflects a consistent and moderate growth trend with annual year-on-year percentage variations ranging slightly under 1%. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is modest, indicating a stable yet slow-paced growth trajectory.
Future trends to watch for:
- Potential shifts in trade policies or tariffs impacting import costs and volume.
- Changes in dietary patterns influencing demand for these products.
- Sustainable sourcing and production practices that might affect import dynamics.
- Technological advancements in food production that could alter the supply chain.