The import of virgin olive oil to France is projected to increase annually from 2024 to 2028, starting at 155.67 million kilograms and reaching 182.19 million kilograms. This reflects a consistent upward trend with the year-on-year growth indicating stable demand expansion. In 2023, actual imports stood at a lower level, marking this period as one of significant growth. The compound annual growth rate (CAGR) over this forecast period suggests a healthy market development, driven by an increasing consumer preference for olive oil and its perceived health benefits.
Future trends to watch for include potential changes in consumer preferences towards organic products, the impact of climate change on olive production, and possible economic fluctuations affecting import volumes. Moreover, shifts in trade policies and tariffs could also influence import patterns.
