The wheat market size in Germany reached 7.28 million metric tons in 2023, showing a consistent but moderate growth over the years. From 2014 to 2023, the market experienced a CAGR of 0.31%. Key variations over the last ten years include a significant 2.91% increase in 2016 and a notable decline of 1.09% in 2018. In the last two years, year-on-year growth was minimal, with a 0.21% increase in 2022 and a 0.22% increase in 2023.
Future trends project the market size to reach 7.36 million metric tons by 2028, with a forecasted 5-year CAGR of 0.16%, indicating a steady, albeit slight, upward trend. Potential factors to watch include climate change impacts, technological advancements in agriculture, and international trade policies, which could influence market dynamics and shift supply and demand.
