The forecasted data indicates a declining trend in Germany's fish liver oil import volume from 2024 to 2028. Starting at 110.0 Metric Tons in 2024, it decreases annually, reaching 66.0 Metric Tons by 2028. In 2023, data show the import volume was higher than in subsequent years, indicating a significant downward shift. The year-on-year variations show a consistent decline, suggesting shrinking demand or a move towards alternative solutions. From 2024 to 2028, the Compound Annual Growth Rate (CAGR) is set to display an average negative growth annually, highlighting the decline over this five-year span.
Future trends to watch for include:
- Potential increase in domestic production to offset imports.
- Changes in consumer preferences, possibly moving towards plant-based oils.
- Regulatory impacts on imports and health-related consumption trends.
