The importation of crude olive oil to Germany is projected to grow steadily from 2024 to 2028, with values increasing from 88.091 million kilograms in 2024 to 103.52 million kilograms by 2028. In 2023, the actual import volume stood at a slightly lower level than 2024, indicating an upward trajectory. The year-on-year percentage increase is consistent, averaging just above 4% annually over these years, demonstrating a healthy demand trend.
Future trends to watch include:
- Changing consumer preferences toward healthy oils, which could further boost demand.
- Geopolitical factors impacting production and supply chains in leading olive oil producing countries.
- Sustainability practices and certifications gaining importance, potentially influencing import volumes.