Forecast: Soybeans Demand in Germany

As of 2023, Germany's actual demand for soybeans stood at a comparable metric with the forecasted stable trend for the upcoming years. From 2024 to 2028, the demand for soybeans is forecasted to remain steady at 3.46 million metric tons initially, with a slight drop to 3.45 million metric tons starting in 2026. This represents an almost negligible year-on-year variation, highlighting a period of stability in demand.

Future trends to watch for include:

  • The impact of any changes in agricultural policy or trade agreements which could disrupt the soybean supply chain.
  • Technological and sustainability advancements in the feed and food sectors potentially altering demand patterns.
  • Shifts in consumer preference towards plant-based diets, which may increase soybean utilization.

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