In 2023, German imports of meals, flour, and pellets of seafood for animal feed stood notably higher than the future projections. From 2024 to 2028, a consistent declining trend is forecasted, with values dropping from 94.004 million USD to 64.94 million USD. Year-on-year decreases are visible: a 7.96% drop from 2024 to 2025, 8.49% from 2025 to 2026, 9.09% from 2026 to 2027, and a 9.78% reduction from 2027 to 2028.
Future trends to watch for:
- *Sustainability Initiatives: Increasing focus on sustainable sourcing might impact supply chain dynamics.
- *Alternative Proteins: Growth in alternative protein sources could further decrease demand.
- *Economic and Environmental Policies: Regulatory changes could alter import levels.