The forecast for the import of wheat groats and meal to France from 2024 to 2028 shows a gradual decline in volume. Beginning at 60.65 million kilograms in 2024, imports are expected to decrease annually, reaching 55.731 million kilograms by 2028. This illustrates a consistent downward trend, with a year-on-year decline of approximately 2% on average. In 2023, the actual import level was higher, marking the commencement of this downward trajectory. Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) suggests a slow but steady reduction in import value.
Future trends to watch for include potential changes in domestic wheat production, global wheat market prices, and any agricultural policy adjustments by the European Union that could impact import reliance. These factors can further influence the projected decline in wheat groats and meal imports into France.
