The demand for oilseeds in France stood at 6.91 million metric tons in 2023. The forecasted data from 2024 to 2028 indicates a steady decline. Specifically, it is expected to be 6.83 million metric tons in 2024, 6.76 in 2025, 6.69 in 2026, 6.63 in 2027, and 6.56 in 2028.
Year-on-year variations show:
- -1.16% from 2023 to 2024
- -1.02% from 2024 to 2025
- -1.04% from 2025 to 2026
- -0.90% from 2026 to 2027
- -1.06% from 2027 to 2028
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately -1.04% per year.
Future trends to watch for include potential shifts in agricultural policies, technological advancements in crop production, changes in consumer preferences, and the impact of global trade dynamics on oilseed supply and demand. Monitoring these factors will be crucial for understanding the underlying causes of the declining demand and for anticipating future market behavior.
