Forecast: Import of Refined Sunflower-Seed and Safflower Oil to Germany

The forecast for the import of refined sunflower-seed and safflower oil to Germany from 2024 to 2028 demonstrates a gradual decline. Starting at 108.22 million kilograms in 2024, the import volume is expected to decrease to 107.96 million kilograms by 2028. Comparing these figures with historical data, where the volume stood at 108.28 million kilograms in 2023, marks a slight but consistent downward trend. Year-on-year variations indicate minimal changes, with an overall decline across the five-year forecast period. The compound annual growth rate (CAGR) notably highlights the subdued demand or potential market saturation in Germany.

Future trends to watch for include:

  • Changes in consumer preferences or nutritional trends impacting oil consumption.
  • Potential trade policy shifts or regulatory changes affecting oil import conditions.
  • The influence of alternative oil sources or substitute products entering the market.

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