The import of prepared or preserved groundnuts to Germany is forecasted to grow steadily from 2024 to 2028, with figures anticipated to rise from approximately 50.131 million kilograms in 2024 to 55.706 million kilograms by 2028. In 2023, the actual import figure was slightly lower, indicating a positive growth trajectory. Recent yearly growth rates are expected to be between roughly 2.86% and 3.09% from 2024 to 2028, with a Compound Annual Growth Rate (CAGR) over 2.94% for the next five years.
Key future trends to watch include:
- Shifts in consumer preferences towards healthier snacks, which may influence the demand for groundnut products.
- Supply chain dynamics influenced by global agricultural production and trade policies.
- Potential changes in import tariffs and regulations affecting the cost and flow of groundnut imports.
