In 2023, the import value of palm oil or its fractions, simply refined into France, stood at an estimated significant amount, reflecting steady demand. The forecast data from 2024 to 2028 indicates a gradual declining trend. Year-over-year analysis shows a decrease of approximately 1.28% from 2024 to 2025, followed by further reductions of around 1.3% annually until 2028. This trend suggests a compounded annual growth rate (CAGR) of around -1.25% from 2024 to 2028.
Future trends to monitor include potential impacts of sustainability initiatives, shifts towards alternative oils, and regulatory changes influencing palm oil consumption. Close attention should be paid to consumer preferences and environmental policies that may further drive this downward trend.
