The import of crude canola, rape, colza, or mustard oil to Germany is forecasted to decline substantially from 2024 to 2028. In 2023, imports amounted to 80 million kilograms. Year-on-year, there is an anticipated decrease of about 17% annually. The compound annual growth rate (CAGR) from 2024 through 2028 projects an average decrease of approximately 21% per year. This sharp decline suggests significant changes in either domestic production, demand, or alternative supply sources.
Future trends to watch for include shifts in Germany's domestic agricultural policies, the role of biofuel mandates, potential trade agreements affecting oilseed markets, and any innovations in crop yields or oil extraction technologies that may alter future import requirements.
