The import of refined olive oil to Germany observed fluctuations over the years, peaking at 10.389 million kg in 2016 and declining continuously thereafter to 7.6025 million kg by 2027. The recent trend indicates a decrease with a minute increase of 0.52% in 2023, standing at 8.3695 million kg. The 5-year CAGR from 2018 to 2023 was slightly positive at 0.35%, while the forecast points to a negative CAGR of -1.93% from 2023 to 2028, reflecting a steady decline.
Future trends to watch for include potential impacts of economic changes, shifts towards healthier oils, and possible trade policies that could influence import volumes. Monitoring these factors will be crucial to predict more accurately the direction of the market.
