The maize market size volume in France has shown variability over the past decade, but recent years have been more stable. In 2023, the volume stood at 993,000 metric tons, showing a minor increase of 0.71% year-on-year, with a CAGR of 2.15% over the last five years.
In the initial years, there were significant fluctuations: a 46.99% increase in 2015, a 5.57% rise in 2016, followed by declines of -15.02% and -13.3% in 2017 and 2018 respectively. Between 2019 and 2023, growth has been more stable, averaging around 0.7% annually.
- 2019: +7.95% YoY
- 2020: +0.83% YoY
- 2021: +0.72% YoY
- 2022: +0.72% YoY
- 2023: +0.71% YoY
Forecasted trends from 2024 to 2028 suggest a gradual increase, with volumes expected to reach 1,030,000 metric tons by 2028 and a projected 5-year CAGR of 0.51%, reflecting a 2.6% growth rate over this period.
Future trends to watch for include technological advancements in agriculture, climate change impacts on yield, and evolving government policies and subsidies. These factors could significantly influence the market dynamics in the coming years.
