In 2023, the re-import value of agricultural, horticultural, or forestry machinery to France was below the projected 2024 value of $4.5025 million USD. The forecast data for 2024-2028 indicates a gradual annual increase in re-imports, with a compound annual growth rate (CAGR) poised at a steady pace over this period. Year-on-year growth rates remain modest, suggesting stable market conditions.
Future trends to watch for include:
- Technological advancements improving machinery efficiency, potentially influencing re-import demand.
- Policy changes impacting trade and agricultural sectors in the European Union, potentially affecting import structures.
- Shifts in global agricultural practices that may drive greater demand for specialized equipment in the French market.
