The shelled groundnuts and nuts market in Germany experienced notable fluctuations in volume over the past decade. Starting at 479.05 million kilograms in 2012, the market saw a slight increase in 2013 before a significant drop in 2014. The market began to recover in 2015 and observed consistent growth until 2019. There was a minor decline in 2020, followed by a slight decrease in 2021. However, the market showed a positive increase of 4.29% in 2022, nearing previous high levels.
Over the last two years, the market experienced notable volatility with a decline of 6.63% in 2021 and a rebound of 4.29% in 2022. Analyzing the past five years, the compound annual growth rate (CAGR) stood at 2.55%, indicating moderate overall growth in the volume of shelled groundnuts and nuts.
Future trends to watch for in this market include an increasing focus on healthier snack options, driving higher consumption of nuts. Additionally, sustainability concerns and supply chain disruptions might affect future market dynamics. As we are in 2024, monitoring consumer preferences and global factors will be essential for projecting future market trends accurately.
