The forecast for the import of dried shelled peas to Germany shows a consistent upward trend from 2024 to 2028, with values expressed in Million US Dollars. In 2024, the import value is projected at $59.767 million, escalating steadily to $64.437 million by 2028. This consistent growth suggests robust demand or strategic import initiatives in Germany.
Year-on-year, the import value is expected to increment by an average of approximately 2% annually. This modest growth indicates a steady market with potential opportunities for exporters aiming to penetrate the German market. The Compound Annual Growth Rate (CAGR) provides a positive future outlook for the period, reinforcing stability and potential growth in the dried peas import sector.
Future trends to watch for include changes in consumer preferences towards plant-based diets, which could fuel higher demand for dried peas. Additionally, fluctuations in global trade policies and supply chain disruptions could impact import volumes and values, making strategic partnerships and diversification of sources crucial for market stability.
