The maize processing volume in Germany for 2023 stood at approximately 614.0 thousand metric tons. The forecasted data suggests a slight decline in maize processing volume from 610.0 thousand metric tons in 2024 to 595.0 thousand metric tons in 2028. The year-on-year percentage change shows a consistent decrease of approximately 0.66% on average annually since 2024. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is forecasted to be close to -0.62%, indicating a gradual but continuous decline in maize processing volumes.
Future trends to watch for include:
- Potential changes in maize production levels in response to agricultural policies or climate conditions.
- Shifts in consumer demand influenced by dietary trends and alternative food sources.
- Technological advancements in maize processing efficiency and yield.
- Economic factors such as pricing, import/export tariffs, and global maize market dynamics.
