The forecasted re-import of meals, flour, and pellets of seafood for animal feed to France shows a declining trend from 2024 to 2028. In 2023, the actual import value stood at a higher level compared to the consistently decreasing values projected for the subsequent years. From 2024 to 2028, a consistent year-on-year decrease is evident. The compound annual growth rate (CAGR) indicates an average downtrend across this five-year span.
Future trends to watch for:
- Potential changes in EU regulation impacting seafood derivatives and animal feed.
- Fluctuations in the global seafood market which may influence import costs and volumes.
- Technological advancements in animal nutrition affecting demand for specific types of feed ingredients.