The forecast for palm oil import volume in France from 2024 to 2028 shows a clear declining trend. The volume is expected to decrease steadily from 299.0 thousand metric tons in 2024 to 272.0 thousand metric tons in 2028. This represents a year-on-year percentage decrease of approximately 2.34% from 2024 to 2025, 2.40% from 2025 to 2026, 2.46% from 2026 to 2027, and 2.16% from 2027 to 2028. The compound annual growth rate (CAGR) over this period is approximately -2.34%, indicating a consistent reduction each year.
Future trends to watch for include:
- Focus on sustainability and environmental policies, which may further reduce palm oil imports.
- Substitutes and alternatives gaining traction in food and cosmetic industries.
- Fluctuations in global palm oil supply affecting import volumes.
- Regulatory changes in both France and exporting countries impacting import policies.