The forecasted demand for rapeseed and mustard oil in France shows a consistent decline from 2024 to 2028, with values decreasing from 1.63 million metric tons in 2024 to 1.55 million metric tons in 2028. Compared to the 2023 demand, which stood at 1.65 million metric tons, this represents a downward trend.
Year-on-year variation analysis indicates:
- 2024: -1.21%
- 2025: -1.23%
- 2026: -1.86%
- 2027: -1.88%
- 2028: -1.91%
The compound annual growth rate (CAGR) for 2024-2028 depicts an average annual decrease of 1.62%.
Future trends to watch for include the potential impact of dietary shifts towards healthier oils, regulatory changes, and advances in oil extraction technologies. Additionally, sustainability concerns and the rise in organic product demand may influence market dynamics.
