In 2023, the import of capsicum to France stood at approximately 7.25 million kilograms. The forecast from 2024 to 2028 indicates a steady increase in imported volumes, reaching 8.07 million kilograms by 2028, signifying a year-on-year growth of around 2-3% annually. This represents a compound annual growth rate (CAGR) over the five-year period of approximately 2.14%.
Future trends to watch for include:
- Potential impacts of climate change on capsicum production in exporting countries.
- Shifts in consumer preferences towards organic and locally sourced produce, which could affect import levels.
- Trade policy changes within the European Union or with key non-EU suppliers.