In 2023, France's imports of frozen orange juice stood at approximately $61 million. The forecast from 2024 to 2028 shows a downward trend, with imports decreasing from $58.105 million in 2024 to $43.405 million in 2028. This reflects a consistent decline in demand, with an average year-on-year decrease of approximately 6% over the forecast period. This trend points towards a Compound Annual Growth Rate (CAGR) of around -7.2% over these five years.
Key future trends to watch in this market include:
- Shifts in consumer preferences towards fresh or locally produced juices.
- Potential impacts of economic conditions on consumer spending power.
- Changes in trade agreements or tariffs affecting import costs.