The forecast for butter and ghee export volume in Germany from 2024 to 2028 shows a declining trend, with volumes gradually decreasing from 116.0 to 112.0 thousand metric tons. In 2023, the export volume stood at 117.0 thousand metric tons. The year-on-year variations signal a consistent decline of about 0.86% each year. Over the last two years, the trend remained negative, and the Compound Annual Growth Rate (CAGR) over the forecasted period is approximately -0.86%, indicating a sustained downturn.
Future trends to watch for:
- Potential shifts in global demand for butter and ghee that could affect export volumes.
- Changes in production costs or supply chain dynamics within the EU.
- Environmental policies impacting dairy production that may alter international competitiveness.