In 2023, the actual volume of sunflower seed seed in Germany reached 12.0 thousand metric tons. The forecast data from 2024 to 2028 indicates a gradual decline, with values moving from 11.0 thousand metric tons in 2024 to 9.0 thousand metric tons by 2028. This reflects a year-on-year decrease of 9.1% for 2024 compared to 2023. However, from 2025 to 2027, the volume stabilizes at 10.0 thousand metric tons before dropping again by 10% in 2028. The Compound Annual Growth Rate (CAGR) over the forecasted period highlights a negative average yearly change.
Future trends to watch for:
- Innovations in agricultural technology could impact seed yields and alter future projections.
- Policy changes regarding agricultural subsidies and biofuel usage might influence seed demand.
- Climate-related events and shifts in global market dynamics could further affect production and consumption patterns.