In 2023, Germany's import value for cereal bran, sharps, and residues (excluding maize, wheat, and rice) stood at 11.645 million USD. From 2024 to 2028, the forecasted import values show a slight growth trajectory, reaching 11.937 million USD by 2028. This indicates modest year-on-year variations, with increments ranging from 0.52% to 0.57% annually. The compounded annual growth rate (CAGR) over the five-year forecast period averages out to about 0.62%.
Future trends to watch for:
- Potential policy changes in agricultural imports and tariffs affecting import costs.
- Shifts in dietary patterns towards more plant-based products influencing demand.
- Technological advancements in agricultural processes impacting global cereal bran production and pricing.