In 2023, the sold production of crude rape, colza, or mustard oil in Germany stood at approximately 2.31 billion kilograms. The forecast for 2024 is a slight increase to 2.3822 billion kilograms, followed by a continued upward trend reaching 2.6723 billion kilograms by 2028. Year-on-year growth reflects a steady trajectory, with a Compound Annual Growth Rate (CAGR) suggesting an average annual increase over the five-year forecast period.
Future Trends to Watch For:
- Increasing demand for plant-based oils due to health and sustainability trends.
- Impact of weather changes and agricultural policies on crop yields.
- Advances in technology affecting production efficiency and output.