In 2023, the import value of groundnut oilcake and other solid residues to Germany stood at approximately 607.44 thousand US dollars. The forecasted data shows a gradual decline from 2024, with values decreasing from 600.27 thousand US dollars to 572.42 thousand US dollars by 2028.
The year-on-year variation indicates a consistent decrease of around 1-1.2% annually over the forecast period. The five-year compound annual growth rate (CAGR) suggests an average annual decline of approximately 1.5% from 2024 to 2028.
Future trends to watch include potential changes in global trade policies, developments in alternative feed sources, and shifts in demand for livestock feed, which could significantly affect import volumes and values.
