The re-import of tea and mate extracts, essences, and concentrates to France is projected to decrease steadily from 2024 to 2028, according to the forecast data. The volume is expected to contract from 1.95 thousand kilograms in 2024 to 0.876 thousand kilograms by 2028. This translates to a consistent year-on-year reduction, highlighting a downward trend in demand or re-availability in the domestic market.
Key points of analysis based on the year-on-year forecasts include:
- A decrease of approximately 14.36% from 2024 to 2025.
- A further reduction of around 16.17% from 2025 to 2026.
- A drop of about 18.57% between 2026 and 2027.
- A decline of nearly 23.24% from 2027 to 2028.
- The overall Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -18.46%, reflecting a significant negative trend over the forecasted period.
Future trends to watch include potential shifts in consumer preferences toward herbal and alternative teas, changing trade policies, or emerging supply chain disruptions that could further influence these forecasts. Additionally, sustainability practices might impact the re-import strategies and the scope of product offerings in France. Monitoring these factors will be crucial for market stakeholders.
