Based on the forecast data, soybeans production in Germany is expected to grow from 107.06 thousand metric tons in 2024 to 129.8 thousand metric tons by 2028, marking a consistent year-on-year increase. Comparing this with 2023's actual production data, it indicates a steady upward trend.
- 2024-2025: +5.47%
- 2025-2026: +5.09%
- 2026-2027: +4.74%
- 2027-2028: +4.44%
The compound annual growth rate (CAGR) over this period is projected at approximately 4.96% per year.
Future trends to watch for include technological advancements in farming, shifts in European agricultural policies favoring sustainable crops, and market demand fluctuations potentially affecting production dynamics and export opportunities in the global markets.
