Between 2013 and 2023, oilseed production in Germany showed an overall declining trend with some fluctuations. The value grew in the early years, peaking in 2014 at 6.2 million metric tons, but has generally decreased since, reaching 4.09 million metric tons in 2023. Recent trends highlight a gradual decrease, with a -1.38% year-on-year variation in 2023 and an average annual decrease (CAGR) of -1.4% over the past five years.
From 2024 onwards, the projected data suggests a continued decline in production, with an expected average annual decrease (forecast CAGR) of -1.2% over the next five years, leading to a total drop of approximately 5.86% by 2028. Notable transitions include projections of further decreases at a relatively steady pace.
Future trends to watch:
- Potential impacts of climate change on agricultural yields
- Shifts in domestic and global demand for oilseeds
- Technological advancements in agriculture that may improve productivity
- Policy changes within the EU regarding agricultural subsidies and support programs
