In 2023, the import of tea and mate extracts, essences, and concentrates to France was recorded at 4.5468 million kilograms. The forecast indicates a gradual decline in import volumes from 2024 to 2028. Between 2024 and 2025, there is an anticipated decrease of 0.90%, continuing on this downward trend with a 0.89% annual decrease on average through 2028. Over the five-year period, we expect a compound annual growth rate (CAGR) of -0.86%, suggesting a consistent reduction in imports.
Future trends to watch for:
- Consumer preferences shifting towards locally sourced and sustainable products, impacting import volumes.
- Potential economic factors, such as trade agreements and tariffs, influencing import costs and volumes.
- Increasing health consciousness potentially boosting demand for mate and specialty teas, possibly mitigating the downturn.