The forecast shows a decreasing trend in the import of nutmeg to France from 2024 to 2028, with values slightly declining each year. Assuming the imports in 2023 were equal to or higher than 604.09 thousand kilograms, the year-on-year variation indicates a gradual decrease. Without specific variations in 2023, we estimate a slightly downward trajectory continuing over five years, with a modest compounded annual growth rate reflecting this decline.
Future trends to watch for include:
- Potential shifts in global nutmeg production impacting supply.
- Changes in consumer preferences towards nutmeg and its substitutes.
- Impact of regulatory changes on imports and trade tariffs.
