The re-import of superphosphates to France is projected to decline steadily from 2024 through 2028. Starting at 152.34 thousand kilograms in 2024, the expected reduction rate is around 9% per annum. In 2025, the value drops to 138.8 thousand kilograms, representing an 8.9% decrease from the previous year. The trend continues with a further decline of approximately 9.57% in 2026 to 125.53 thousand kilograms, and similar reductions in subsequent years, reaching 99.79 thousand kilograms by 2028. The Compound Annual Growth Rate (CAGR) over the period is approximately -9.97%, indicating a significant downward trend in re-import volumes.
Future trends to watch for include:
- Fluctuations in global phosphate prices, significantly impacting import dynamics.
- Changes in agricultural demand in France, given the role of superphosphates in farming.
- Potential shifts in trade policies or tariffs affecting importation costs and decisions.
- Technological advancements that might reduce dependency on imported superphosphates.
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