In 2023, the import value of black tea in packages over 3 kg into France stood at approximately 13.1 million US dollars. In 2024, the forecast projects this value to rise slightly to 13.163 million US dollars, indicating a stable yet marginal growth. Over the subsequent years, from 2024 to 2028, the import value is expected to increase incrementally, with an average yearly growth (CAGR) forecasted at a moderate rate.
The year-on-year growth percentages for each subsequent year from 2024 suggest slight, steady gains, underlining a consistent demand in the French market for black tea in bulk packaging.
- Steady Incremental Growth: Year-on-year variation is expected to remain positive at a marginal rate, indicating stable demand.
- CAGR: The compounded annual growth rate over this period shows moderate, consistent growth, signaling persistent market stability.
- Potential Factors: Watch for global market dynamics, changes in consumer preferences, local economic conditions, and international trade policies that could influence import values.