In 2023, the import of partly or wholly hydrogenated vegetable fats and oils to Germany stood at approximately 115.0 million kilograms. The forecast data indicates a steady increase in this figure over the next five years. By 2028, projections suggest imports will reach 132.31 million kilograms.
Year-on-year growth rates from 2024 to 2028 demonstrate consistent expansion:
- 2024: Increased to 118.28 million kilograms, a 2.85% rise from 2023.
- 2025: Grows to 121.84 million kilograms, a 3.01% increase from 2024.
- 2026: Reaches 125.37 million kilograms, up by 2.90% from 2025.
- 2027: Expands to 128.86 million kilograms, rising 2.79% from 2026.
- 2028: Climbs to 132.31 million kilograms, a 2.68% growth from 2027.
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 2.85%, reflecting stable market demand.
Future trends to watch for include potential shifts in consumer preferences towards healthier alternatives and evolving EU regulations on hydrogenated fats, which could impact market dynamics and import volumes.