France's import of crude rape, colza, and mustard oil is projected to decline from 26.13 million kilograms in 2024 to 17.98 million kilograms by 2028. This shows a consistent year-on-year decrease with a compound annual growth rate (CAGR) declining over five years. As of 2023, the imports stood at higher levels, indicating a shift in market dynamics.
The declining trend is shaped by changing agricultural policies, growing local production, and shifts in consumer preferences towards alternative oils. Future trends to watch include the potential impact of climate change on crop yields and any trade policy adjustments within the EU affecting import patterns.
