The sold production of sugar in Germany has experienced notable fluctuations from 2013 to 2023, reflected in an overall negative trend. In 2023, the value stood at 1.9143 Billion Euros. Key points include a major dip in 2015 by -20.37%, slight recovery in 2016 at 2.95%, followed by another dip in 2018 by -10.24%. The years 2020 and 2021 showed positive growth rates of 6.86% and 17.4% respectively. However, the trend reversed again in 2023 with a slight decrease of -0.58%. Over the last five years ending in 2023, the CAGR was almost flat at 0.0015%.
Future trends to watch for include:
- Stable but slight annual decrease from 2024 to 2028 with a forecasted 5-year CAGR of -0.46%.
- Potential impacts of EU agricultural policy changes.
- Technological advancements in sugar production and alternative sweeteners.