As of 2023, Germany imported approximately 8.29 million kilograms of refined olive oil and fractions. The forecast for 2024 to 2028 shows a consistent year-on-year increase, with values reaching approximately 8.40 million kilograms by 2028. From 2024 to 2028, the imports grew at an average CAGR, indicating stable and moderate growth in this market.
Looking forward, key factors likely to influence future trends in the German refined olive oil market include:
- Health and wellness trends driving increased consumption of olive oil due to its perceived health benefits.
- Potential trade policy changes affecting international supply chains and costs.
- Environmental sustainability initiatives impacting olive oil production practices globally.