The import of skimmed milk and cream powder to France is forecasted to experience a slight but consistent decline from 2024 through 2028, starting at 39.52 million kilograms in 2024 and declining to 36.569 million kilograms in 2028. This indicates a year-on-year decrease of approximately 2% to 2.5%. Comparably, the Compound Annual Growth Rate (CAGR) over this five-year period shows an average annual reduction of about 1.94%. In 2023, the volume stood at a higher level than the 2024 forecast, confirming a downward trend in import volume.
Future trends to watch for include potential shifts in domestic milk production, policy changes concerning dairy imports, and alterations in consumer preferences for dairy products, which could impact the demand and subsequently the import volumes of skimmed milk and cream powder.
