The forecasted import volume of milled rice to Germany shows a steady upward trend from 2024 to 2028. Starting at 362.2 million kilograms in 2024, it is expected to rise to 392.08 million kilograms by 2028. The consistent growth reflects a year-on-year increase, indicating a stable rise in demand or preference for imported milled rice in Germany.
Analyzing the five-year period from 2024-2028, the Compound Annual Growth Rate (CAGR) highlights an average year-on-year increase. In 2023, the import volume was at 355 million kilograms, showing the beginning of this upward trend.
Future trends to watch for include:
- Potential changes in Germany’s domestic rice production affecting import levels.
- Shifts in consumer preference towards different types of rice influencing import varieties.
- Trade policies and tariffs impacting import costs and volumes.
- Global rice supply chain stability, considering climate change and geopolitical factors.
