The forecasted palm oil market size volume per capita in Germany is projected to decrease gradually from 6.29 kilograms in 2024 to 6.11 kilograms by 2028. With the value standing at 6.35 kilograms per capita in 2023, there is an observed decline. The year-on-year percentage variation from 2024 to 2028 averages at a consistent decrement. Specifically, there is a -0.95% year-on-year decrease from 2024 to 2025, a -0.80% decrease from 2025 to 2026, a -0.65% decrease from 2026 to 2027, and a -0.49% decrease from 2027 to 2028. Over the five-year forecast period up to 2028, the Compound Annual Growth Rate (CAGR) shows an overall average decline of approximately -0.73% per year.
Future trends to watch for include ongoing efforts towards sustainability, which could further drive down palm oil consumption. The potential for increased regulation and consumer shifts towards alternative oils could also influence market dynamics. Monitoring these factors will be crucial for anticipating market movements.
