The import of sugars and sugar confectionery to Germany has shown a fluctuating trend over the years, starting from 2.1178 billion USD in 2013, dropping to 1.714 billion USD in 2015, and gradually increasing to 1.7573 billion USD in 2023. Key points of variation include a significant drop of 16.14% in 2015 and a steady year-on-year increase since 2017. The CAGR over the last five years stood at 0.58%, indicating modest growth. For 2023, the value was at 1.7573 billion USD, with a year-on-year increase of 0.42%.
Looking ahead, forecasts suggest a gradual increase in the import value, reaching 1.792 billion USD by 2028, with an expected 5-year CAGR of 0.31%. This points to a stable yet slow growth trend in the coming years.
Future trends to watch for include potential impacts of global sugar production fluctuations, trade policy changes, and shifts in consumer preferences towards healthier alternatives impacting import volumes.
