The sold production of wheat groats and meal in Germany has fluctuated significantly over the past decade, showing both growth and decline in different years. As of 2023, the production value was approximately 108.09 million Euros. The year-on-year variation from 2022 to 2023 showed a slight decline of 0.35%, indicating a stabilized market. Over the last two years, the growth rate has stabilized, although over the last five years, the compound annual growth rate (CAGR) has shown a more positive trend at 4.75%.
From 2024 onwards, forecasted data suggests a gradual decline, with the value expected to drop to around 106.27 million Euros by 2028. The forecasted five-year CAGR is -0.27%, revealing a slight contraction in the market over this period.
Future trends to watch for include potential impacts of agricultural policy changes, climate conditions affecting wheat yields, fluctuations in global market demand, and technological advancements in wheat processing. Monitoring these factors can help forecast more precise industry movements and adapt strategies accordingly.
