The forecast for soybean oil import volume in Germany shows a consistent decrease from 51.0 thousand metric tons in 2024 to 39.0 thousand metric tons in 2028. In 2023, the import volume stood at 54.0 thousand metric tons. This indicates a year-on-year decline, with a 5.88% decrease from 2024 to 2025, a 6.25% decline from 2025 to 2026, transitioning to a 6.67% reduction from 2026 to 2027, and a 7.14% drop from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period is approximately -5.85%, showcasing the continuous reduction trend.
Future trends to watch for include potential impacts of sustainable agriculture practices, technological advancements in oil production, and changes in consumer preferences toward healthier or alternative oils. Monitoring these factors could help anticipate further shifts in import volumes and market dynamics.
