The forecast for rapeseed and mustard oil feed in Germany shows a consistent decline from 2024 to 2028. Starting at 630 thousand metric tons in 2024, the demand decreases annually, reaching 580 thousand metric tons by 2028. In comparison to 2023, which was likely similar to 2024's estimate, this trend indicates a negative annual change, underscoring a decrease in the consumption rate. The compounded annual growth rate (CAGR) projects a continued decline over these five years.
Future trends to watch:
- Impact of sustainable practices and regulatory changes on oilseed cultivation.
- Technological advancements improving oil yield and efficiency.
- Volatility in market prices due to global supply chain shifts.
- Potential shifts in consumer preference towards alternative oils.
