In 2023, France imported margarine valued at 99.75 million USD. The forecasts show a declining trend from 2024 (96.95 million USD) to 2028 (87.954 million USD). The year-on-year percentage change suggests a consistent reduction over these years with a gradual decline in import values. From 2024 to 2025, the decrease is approximately 2.39%, and from 2025 to 2026, it's about 2.4%. The compound annual growth rate (CAGR) for these years is around -3.0%, indicating a steady drop each year over the five-year period.
Future trends to watch:
- Potential shifts in domestic production of margarine, reducing import reliance.
- Changes in consumer preferences toward alternative spreads.
- Global economic factors affecting import costs and demand.
