In 2023, the demand for pulses in Germany stood at approximately 279.0 thousand metric tons. The forecasted demand for 2024 aligns at 285.0 thousand metric tons, reflecting a 2.2% year-on-year increase. This upward trend continues annually with a steady 2% growth rate, leading to an estimated demand of 309.0 thousand metric tons by 2028. This five-year compound annual growth rate (CAGR) is approximately 2.06%.
Future trends to watch for in the German pulses market include:
- Increasing consumer interest in plant-based diets, potentially boosting demand.
- Impact of agricultural policies and trade dynamics on pulse production and importation.
- Technological advancements in agriculture that may enhance supply efficiency.