In 2024, Germany is projected to import 915.91 thousand kilograms of hazelnuts and filberts in shell. The forecast indicates a decreasing trend through 2028, with imports reducing to 530.2 thousand kilograms by then. In 2024, the import level is higher than 2023's actual figure, as projections show a progressive decline in the subsequent years. The year-on-year percentage variations demonstrate a consecutive decline with -10.84% from 2024 to 2025, -11.91% from 2025 to 2026, -13.29% from 2026 to 2027, and -14.99% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 estimates an average reduction of approximately 12.29% annually.
Future trends to watch for include:
- Potential changes in Germany's local hazelnut cultivation and production capabilities.
- Shifts in global trade policies that might affect import costs or volumes.
- Fluctuations in consumer demand for hazelnut products, potentially driven by changes in culinary trends or dietary preferences.
- Impacts of climate change on global hazelnut production, which could affect supply and prices.
