As of 2023, Germany's import of prepared cereals was at 68 million kilograms. The forecast projects a consistent annual increase in imports from 69.375 million kilograms in 2024 to 75.551 million kilograms in 2028. The year-on-year growth shows a steady increase, reflecting an annual growth rate of approximately 2-3% over the period. The compound annual growth rate (CAGR) over these five years is around 2.1%, indicating stable growth in demand.
Future trends to watch for include:
- Evolving consumer preferences towards specific cereal types, driven by health trends and dietary habits.
- Potential impacts of trade policies, tariffs, and global supply chain disruptions on import volumes.
- Technological advancements in cereal production and preservation methods that may influence import needs.
- Environmental sustainability practices in agriculture that could affect both global supply and imports.