The demand for vegetable oils in France has displayed a consistent decline from 2014 to 2023, with an annual average decrease of approximately -0.89%. Specifically, in 2023, the demand stood at 3.01 million metric tons. Over the last two years, the demand decreased by about -0.89% per year. From 2024 onwards, forecasts indicate a continuation of this downward trend, with a CAGR of -0.76% over the next five years, projecting a total decline of -3.72% by 2028.

Future trends to watch for:

Policy changes affecting agricultural production and imports of vegetable oils.
Consumer preferences shifting towards alternative oil sources or dietary changes.
Advancements in agricultural technology that could impact production efficiencies.
Environmental and sustainability concerns influencing demand for certain types of vegetable oils.