Forecast: Import of Groundnut Oilcake and Other Solid Residues to Germany

In the forecast for the import of groundnut oilcake and other solid residues to Germany from 2024 to 2028, there is a consistent annual decrease in volume. In 2023, the import volume stood at 2.3 million kilograms. The forecasted decrease from this baseline shows a reduction of approximately 2.41% by 2025, 2.41% again by 2026, 2.43% by 2027, and 2.44% by 2028. The average compound annual growth rate (CAGR) for the period from 2024 to 2028 indicates a consistent downward trend of around 2.22% each year.

Future trends to watch for:

  • Changes in global demand for groundnut oilcake that might affect import quantities.
  • Fluctuations in international trade policies and tariffs impacting import dynamics.
  • Innovations in alternative feeds reducing reliance on groundnut oilcake.

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