Hard Cheese production in Germany peaked at about 188.48 thousand metric tons in 2014 but has seen a general decline since, reaching approximately 146.97 thousand metric tons in 2023. There have been fluctuations year-on-year, with notable drops such as -9.61% in 2017 and some minor increases, such as a 2.81% rise in 2018. Over the past five years, the CAGR has been consistently negative, sitting at -1.82% by 2023, indicating a steady reduction in production volume.
Looking ahead, the forecasted CAGR for the next five years is -0.7%, suggesting continued downward pressure on production rates. The total projected decline by 2028 is estimated to be around -3.47% from the 2023 levels.
Future trends to watch for include potential impacts of dairy industry regulations, shifts in consumer demand towards plant-based alternatives, and economic factors that may further influence production capacities and market dynamics.
