In 2023, Germany imported an estimated 408 million kilograms of crude sunflower-seed oil. The forecast indicates a consistent increase from 2024 through 2028, with values rising from 425.29 million kilograms in 2024 to 497.7 million kilograms in 2028. The year-on-year percentage growth from 2023 to 2024 is approximately 4.2%. This positive trend continues steadily across the forecast period, demonstrating a compound annual growth rate of around 4.1% over five years, suggesting stable demand escalation.
Future trends to watch for:
- Changes in global supply chain dynamics and geopolitical factors, which could affect Germany's import strategies.
- Developments in domestic oil production and alternative oil markets, potentially influencing import volumes.
- Technological advancements or policy regulations impacting production and trade efficiency.