In 2023, Germany's import value for sweetened milk and cream powder stood at an indicative level, setting the stage for forecasted growth. The values projected for 2024 to 2028 indicate a consistent upward trend, with a noticeable year-on-year growth. Specifically, the anticipated increase from 2024 to 2025 stands out, along with subsequent yearly increments. Over the five-year forecast period, the compound annual growth rate (CAGR) suggests a steady and moderate expansion of this market segment.
Future trends to watch include:
- Changes in consumer preferences towards dairy and alternative milk products, potentially affecting import demand.
- Impact of Germany's trade policies and tariffs on import volumes, specifically in the dairy sector.
- Shifts in global dairy production and pricing, which may influence import costs and supply chain logistics.