The forecasted import of olive oil and fractions' blends to Germany is expected to grow steadily from 4.29 million kilograms in 2024 to 4.83 million kilograms in 2028. In 2023, the actual import stood at 4.15 million kilograms, marking a continuous upward trend. Year-on-year, the projected growth rates are around 3.24% for 2025, 3.08% for 2026, 2.93% for 2027, and 2.79% for 2028. The five-year forecasted Compound Annual Growth Rate (CAGR) is approximately 2.85%.
Key future trends to watch for include:
- Incremental demand driven by increased health consciousness and culinary diversification.
- Potential trade policy impacts that could affect sourcing and pricing.
- Innovation in packaging and marketing by producers to cater to evolving consumer preferences.
