Forecast: Import of Crude Sunflower-Seed and Safflower Oil to Germany

Germany's import of crude sunflower-seed and safflower oil is anticipated to increase steadily from 2024 to 2028, with values escalating from 384.15 to 407.2 million kilograms. In 2023, the imports were recorded at approximately 378 million kilograms, providing a basis for these forecasts. Year-on-year growth rates suggest a consistent upward trend of around 1.5% yearly. Over the forecasted period, the compound annual growth rate (CAGR) stands at about 1.24%, reflecting a stable increase in demand.

Future trends to watch for:

  • Global market fluctuations affecting supply and pricing.
  • Potential shifts in Germany's domestic production capacities and policies.
  • Continued emphasis on sustainability and environmental impact may alter consumer preferences.
  • Impact of emerging economies potentially affecting global oil production and availability.

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