The export volume of vegetable oils in France reached 1.13 million metric tons in 2023, displaying steady growth since 2014. Analyzing the year-on-year variation, we observe fluctuations: significant increases in 2015 (6.92%) and 2016 (12.67%), while subsequent years showed minor variations, with occasional decreases in 2017 (-9.52%) and 2018 (-1.27%). Recent years demonstrated stability, with an average annual increase (CAGR) of 0.76% over the last 5 years and a minimal growth rate of 0.44% in 2023.
Looking forward, forecasts suggest a continued but modest growth trajectory with an expected volume of 1.16 million metric tons by 2028. The projected CAGR for the next five years is 0.35%, indicating slow yet consistent expansion.
Future trends to watch for include the impact of global trade policies, shifts in agricultural practices, and advancements in sustainable production techniques that could influence export volumes and market dynamics.
