The import of refined soybean oil to Germany is forecasted to decline significantly from 2024 to 2028. In 2024, the imports are expected to be 7.13 million kilograms, dropping by approximately 24% annually to reach just 0.413 million kilograms by 2028. This translates to a compound annual growth rate (CAGR) of around -54% over these five years, indicating a sharp and consistent decrease in the volume imported.
Future trends to watch for include potential shifts in domestic production, changes in dietary preferences towards alternative oils, and the impact of trade policies or tariffs, which could further influence the demand and supply dynamics of refined soybean oil imports in Germany. Monitoring these factors will be crucial for stakeholders in the market.
