The forecasted imports of fresh or chilled peppers to Germany indicate an upward trend from 2024 to 2028. For 2024, imports are estimated at 440.87 million kilograms, projected to increase to 461.51 million kilograms by 2028. The growth reflects a year-on-year increase of approximately 1.27% in 2024-2025, continuing to an average growth rate of about 1.17% per year over the next five years (CAGR). Before these forecasts, in 2023, imports stood at 435 million kilograms, highlighting a steady demand rise.
Future trends to watch for include:
- Potential impacts of climate change on pepper production in exporting countries.
- Trade policy changes within the EU and globally that could affect import dynamics.
- Shifts in consumer preferences towards locally-sourced produce, potentially influencing import volumes.
- Technological advancements in agriculture that could increase domestic production efficiency.