In 2023, wheat feed in Germany stood at 7 million metric tons. The forecasted data from 2024 to 2028 shows a yearly decline in wheat feed usage. Specifically, the figures for 2024 and 2025 are projected to be 6.95 and 6.84 million metric tons respectively, marking a slight year-on-year decrease of approximately 1% and 1.6% respectively. By 2028, it's expected to further decline to 6.52 million metric tons. The compound annual growth rate (CAGR) from 2024 to 2028 shows an average annual decrease of about 1.6%.
Future trends to watch for include:
- Weather variability affecting wheat yields.
- Changes in domestic and international policies influencing wheat production and trade.
- Technological advancements in agriculture that could impact wheat production efficiency.
- Shifts in dietary trends or livestock feeding practices that could alter wheat feed demand.
