The import of white spirit to Germany is projected to increase steadily from 313.57 thousand tonnes of oil equivalent in 2024 to 333.7 thousand tonnes by 2028. This forecast shows a consistent upward trend, reflecting a compound annual growth rate (CAGR) from 2024 to 2028. If we were to assume the import figures were trending similarly in 2023, this steady increase suggests a continued demand for white spirit in Germany.
Factors to observe in future trends include:
- Potential regulatory changes in Germany or the EU that may affect importation.
- Technological advancements or shifts in industry practices that may impact white spirit usage.
- Global economic conditions that could influence supply chains and pricing.