The oilseeds processing industry in Germany saw a peak in production value in 2015 at 14.85 million metric tons, then entered a period of gradual decline. The volume stood at 11.63 million metric tons in 2023. Year-on-year variations indicate a predominantly negative trend from 2016 onwards, with periodic minor increases. Notably, the industry experienced a compounded annual growth rate (CAGR) decline of -0.56% over the last five years. Future projections predict a continued downward trend with a forecasted CAGR of -0.66% from 2024 to 2028, resulting in a total decrease of 3.24% from 2023.
Future Trends to Watch For:
• Innovations in processing technology to improve efficiency
• Potential policy and regulation changes impacting the agricultural sector
• Shifts in global demand and supply chains due to geopolitical factors
• Impacts of climate change on oilseed crop yields
• Advancements in alternative protein sources possibly influencing market demand
