As of 2023, Germany's import of sweetened condensed or evaporated milk stood at 16.3 million kilograms. The forecasted data from 2024 to 2028 shows a year-on-year increase in import volume, peaking at 19.733 million kilograms by 2028. This results in a compound annual growth rate (CAGR) of approximately 3.9% over the five-year period.
Future trends to watch for include:
- Growing demand for dairy products driven by increasing population and evolving dietary preferences in Germany.
- Potential impact of dairy trade regulations within the EU and globally, influencing import volumes.
- Emergence of alternative milk products that might affect the traditional dairy market space.