In 2023, Germany imported approximately 11.5 million kilograms of olive oil. The forecast data indicates a declining trend in olive oil imports from 2024 to 2028, with values decreasing from 11.287 million kilograms in 2024 to 10.529 million kilograms in 2028. This exhibits a year-on-year reduction, reflecting a consistent decrease in import volume. The five-year CAGR implies a moderate decline in Germany's olive oil imports during this period.
Future trends to watch for:
- Changes in consumer preferences toward healthier oils, potentially affecting import rates.
- Geopolitical and economic factors influencing supply chain stability and pricing.
- Shifts in local production or alternative sourcing strategies impacting import demands.
