The import of shelled walnuts to Germany is projected to grow steadily from 2024 to 2028, with values increasing from $431.04 million to $492.76 million. This demonstrates a consistent year-on-year growth rate of approximately 3.5% to 3.8%. In 2023, the import value stood at $415 million, indicating continued demand for shelled walnuts in Germany. The compounded annual growth rate (CAGR) from 2024 to 2028 is approximately 3.4%, reflecting a strong upward trend in the walnut import market.
Future trends to watch for include:
- The potential impact of global economic conditions on walnut demand and prices.
- Consumer health trends driving an increase in walnut consumption.
- Supply chain dynamics, including trade policies affecting walnut importation.
