Based on the forecast from 2024 to 2028, the import of refined sunflower-seed and safflower oil to France is set to rise progressively. Starting at 124.62 million Kg in 2024, there's a noticeable consistent growth reaching 135.32 million Kg by 2028. The consistent year-on-year growth is about 2% over the next five years, indicating steady demand for these oils.
In 2023, the actual import volume stood lower than 124.62 million Kg, marking an increase entering 2024. This denotes a positive trend in import volumes that can be anticipated to continue given the stable market demand.
Trends to watch for the future include potential shifts in agricultural production factors affecting sunflower-seed and safflower supply, evolving consumer health trends and preferences towards vegetable oils, and geopolitical factors influencing trade regulations and tariffs affecting international imports to France.
