The import volume of vegetable oils in Germany is set to decline steadily from 2.55 million metric tons in 2024 to 2.35 million metric tons by 2028. This represents a consistent average annual decrease of approximately 2.0%. For context, the volume stood higher in 2023 at 2.6 million metric tons, signifying a notable shift from historical data into forecasted future trends.
Future trends to watch for include:
- Global supply chain adjustments potentially affecting import volumes.
- Policy changes in Germany and the EU that influence sustainability and raw material imports.
- Shifts in domestic demand driven by health trends and alternative oil substitutes.