In 2023, the re-import value of bovine, sheep, and goat fats to France stood notably below the projected figures for upcoming years. The forecasted data from 2024 onwards shows a steady increase, with a growth rate ranging from approximately 1% to 1.5% annually. By 2028, the value is projected to reach 1046.5 thousand US dollars, signaling consistent demand for these imports. This consistent trend hints at stable market conditions and rising consumption or utilization rates.
Future trends to watch for include:
- Changes in domestic production impacting import needs.
- Global market price fluctuations affecting import values.
- Regulatory changes within the EU that could influence trade volumes.
- Shifts in consumer preferences towards alternative fat sources.
