Germany's maize feed consumption has exhibited a clear declining trend from 5.84 million metric tons in 2014 to 4.49 million metric tons in 2023, reflecting a downward trajectory marked by fluctuations. Year-on-year, 2023 saw a 1.51% decrease. The average yearly decline (CAGR) over the last five years was 1.76%. The forecast indicates continued decline, reaching 4.12 million metric tons by 2028, with a projected 5-year CAGR of -1.33% and a total reduction of 6.49% over the period.
Future trends to monitor:
- Shifts in livestock population and feeding practices
- Impact of climate change on maize yield and availability
- Policy changes affecting agricultural production
- Economic factors influencing feed cost and demand
- Advancements in alternative feed sources
