In 2023, the volume of beef meat imports in France stood at an estimated high as the starting point for subsequent forecasts. From 2024 to 2028, the forecasted import volume shows a gradual decline from 320 thousand metric tons to 310 thousand metric tons. This indicates a subtle downward trend, with a year-on-year percentage decrease averaging around -0.63%. The five-year Compound Annual Growth Rate (CAGR) reveals a continuous decline at a modest rate.
Future trends to watch for in France's beef import market include:
- Potential shifts in consumer preferences towards alternative protein sources,
- Impact of increased domestic beef production,
- Trade policy changes affecting import costs and logistics,
- the Effect of environmental regulations on import volumes.
