The forecast for the import of fresh or chilled bone-in swine hams, shoulders, and cuts to Germany shows a continuous decline from 2024 to 2028, dropping from $198.09 million to $155.33 million. In 2023, the import value stood at $208.45 million. Year-on-year, the import value is expected to decrease by approximately 5.56% annually over the next five years, indicating a negative compound annual growth rate (CAGR). This downward trend suggests persistent challenges in the market and potential shifts in demand or supply dynamics.
Future trends to watch for include:
- Changing consumer preferences towards plant-based proteins potentially affecting pork imports.
- Trade policies and tariffs impacting the flow of pork products from major exporting countries to Germany.
- Efforts to enhance sustainability in food supply chains, possibly reshaping import strategies.