Forecast: Import of Groundnut Oil to Germany

In 2023, Germany imported groundnut oil equivalent to 2.534 million kilograms. The forecast indicates a steady increase, with expected imports reaching 2.957 million kilograms by 2028. The year-on-year growth from 2024-2025 is approximately 3.3%, while 2025-2026, 2026-2027, and 2027-2028 are around 3.1%. The compound annual growth rate (CAGR) from 2023 to 2028 is around 3.2%.

Future trends to watch for include:

  • Changes in consumer preferences towards health-conscious products affecting demand.
  • Potential trade policies and tariffs impacting import volumes.
  • Fluctuations in global groundnut oil prices influencing market dynamics.

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