In 2023, Germany's import of milk with a fat content between 1-6% stood at an approximate value of 1.200 billion USD. The forecasted data from 2024 to 2028 indicates a consistent growth trajectory in imports, with a year-on-year increase averaging around 2-2.5%. By 2028, the import value is expected to reach approximately 1.3628 billion USD, reflecting a CAGR of about 2.51% over this period.
Future trends to watch for include:
- Potential changes in trade agreements impacting EU dairy trade dynamics.
- Variations in consumption patterns within Germany, influenced by health trends and population demographics.
- External economic factors, such as currency fluctuations and global milk supply scenarios.