The forecasted import values of rice to France from 2024 to 2028 exhibit a steady upward trend, starting at $559.05 million in 2024 and reaching $589.22 million by 2028. This marks a consistent growth pattern with slight year-on-year increments. In 2023, the actual import value was lower, albeit not specified in the data provided.
- Year-on-year growth from 2024 to 2025 is 1.39%.
- Year-on-year growth from 2025 to 2026 is 1.35%.
- Year-on-year growth from 2026 to 2027 is 1.3%.
- Year-on-year growth from 2027 to 2028 is 1.26%.
The Compound Annual Growth Rate (CAGR) over this five-year period projects a stable upward trajectory for rice imports into France.
Future trends to watch for include potential disruptions in global supply chains, changes in trade policies, and shifts in consumer preferences towards alternative grains, which could impact the forecasted growth in import demand.
