The forecast for Germany’s import of refined maize oil and fractions indicates a consistent decline. Starting at 6.5031 million kilograms in 2024, the volume progressively decreases each year, reaching 6.4103 million kilograms by 2028. Compared to 2023, this trend reflects an approximate yearly decline of around 0.4% over the five-year period. The cumulative average rate of decline (CAGR) is approximately -0.3% per annum from 2024 to 2028.
Future trends to watch for:
- Potential shifts in global maize oil production affecting German imports.
- Evolving consumer trends toward alternative oils or healthier options.
- Economic factors or policy changes impacting trade dynamics in the European Union.