The primary oilseeds production in Germany has shown a declining trend over the past decade. From 2013 to 2018, values dropped significantly from 2.2261 million metric tons to 1.4225 million metric tons. This decline continued through to 2023, where production stood at 0.97207 million metric tons. The steepest year-on-year decline was observed in 2019 at -22%, and the average variation per year over the last five years shows a CAGR of -7.33%. Forecasts for 2024 onwards predict further decline, with the production expected to decrease to 0.66185 million metric tons by 2028.
Future trends to watch for:
- Continued decline in production due to potentially unfavorable agricultural conditions or policy impacts.
- Potential shifts to alternative crops that may offer higher profitability or sustainability.
- Technological advancements that could either mitigate or exacerbate production declines.
- Global market demands and trade policies that might influence domestic production strategies.
