Forecast: Import of Virgin Olive Oil to Germany

Germany's import of virgin olive oil has shown steady growth from 2013 to 2023, with values increasing from $272.2 million to $348.65 million. The year-on-year variation from 2022 to 2023 was 2.16%, reflecting a gradual upward trend, while the five-year CAGR up to 2023 was 2.27%. Forecasts indicate continued growth, with imports projected to reach $383.29 million by 2028, albeit at a slower five-year CAGR of 1.5%.

Future trends to watch for include:

  • Potential changes in trade regulations and tariffs between Germany and olive oil-exporting countries.
  • Shifts in consumer preferences towards healthier and organic olive oils.
  • Economic factors affecting disposable incomes and spending behavior in Germany.
  • Technological improvements in olive oil production and supply chain efficiencies.

Top Countries about Olive Oil