The forecast for olive oil stock in France from 2024 to 2028 shows an increasing trend. In 2024, the stock is expected to be 3.0 thousand metric tons, growing to 5.0 thousand metric tons by 2028, with steady growth in between. Compared to 2023, when the stock stood at 2.0 thousand metric tons, this marks a substantial increase.
The year-on-year growth from 2023 to 2025 is projected to average 3.0%, followed by a stabilization at 4.0% annual growth from 2025 to 2028. The compound annual growth rate (CAGR) over this five-year period is estimated to be 3.6%.
Future trends to watch for include:
- Potential impact of climate change on olive yields affecting supply.
- Shifts in consumer preference towards organic and premium olive oil variants.
- Trade policies and tariffs impacting imports and exports.
- Emerging technologies in agriculture that could increase productivity.