In 2023, the import of rape, colza, and mustard oil to France stood at a significant value, which set the context for the subsequent forecasted values. The forecast from 2024 to 2028 shows a declining trend, starting from 117.07 million US dollars in 2024 to 92.876 million US dollars by 2028. This translates to a consistent decrease in imports with year-on-year declines of approximately -5.3% from 2024 to 2025, and continues similarly each year. Over these five years, the compound annual growth rate (CAGR) indicates an average yearly decrease of around -5.8%.
Future trends to watch for include potential impacts from changes in agricultural policies, trade agreements, and climate factors. Additionally, the rising consumer demand for alternative oils and local production could further influence import levels, possibly accelerating the downward trend beyond current forecasts.
