The forecast for the import of oil-cake and other solid residues of vegetable fats or oils to Germany shows a steady decline from 2024 to 2028. The volume is expected to decrease from 2.9616 billion kilograms in 2024 to 2.347 billion kilograms in 2028, indicating a downward trend. Year-on-year, the import volume is projected to decline by approximately 5.27% from 2024 to 2025, 5.50% from 2025 to 2026, 5.75% from 2026 to 2027, and 6.03% from 2027 to 2028. This suggests a compounded annual growth rate (CAGR) of around -5.55% over the five-year forecast period.
Future trends to watch for include potential changes in agricultural practices, shifts in the demand for biofuels, and evolving environmental regulations in Europe, which may influence the volume of these imports. Additionally, fluctuations in global vegetable oil production and geopolitical factors affecting trade may also impact these forecasts.
