In 2024, Germany is predicted to import 38.145 million kilograms of frozen orange juice. The imports are expected to decline progressively to 16.503 million kilograms by 2028. This represents an annual decrease, with the import volume reducing consecutively each year over this forecast period. Note that these values start their forecasts based on 2023's actual volume from which the trend is declining.
The year-on-year decline from 2024 to 2028 is notable, and the compound annual growth rate (CAGR) over these years is a negative figure, indicating a consistent downward trend in the import volume. Understanding that 2023 serves as a benchmark, this declining trend aligns with a broader shift possibly driven by factors such as changing consumer preferences or trade regulations.
Future trends to watch for include potential disruptions in global trade, shifts in dietary trends like increased preference for fresh juice, or innovations in juice preservation and packaging that might influence import volumes of frozen orange juice to Germany.
