Forecast: Import of Refined Olive Oil and Fractions to Germany

In 2023, Germany imported refined olive oil and fractions valued at $36.416 million. Forecasts suggest a steady increase, reaching $37.677 million by 2028. This represents a stable yearly growth trend. From 2024 to 2028, the import value shows an annual growth rate of around 0.86% based on these figures. This consistent, modest increase reflects a stable market demand and a minor annual compounded growth over the projected five-year period.

Future trends to watch for:

  • Impact of global supply chain issues on import costs.
  • Consumer demand shifts towards healthier oils potentially affecting olive oil imports.
  • Changes in trade policies within the EU influencing import dynamics.

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