In 2023, Germany imported tall oil fatty acids worth 20.200 million USD. The forecast for 2024 shows a modest increase to 20.391 million USD. This upward trend continues through 2028, reaching 21.152 million USD. Notably, the year-on-year increase ranges from approximately 0.96% to 1.80%. Over the five years leading up to 2028, the compound annual growth rate (CAGR) is projected at around 0.9%, indicating a stable market with gradual growth.
Future trends to watch for:
- Potential market shifts due to changes in industrial applications.
- Impact of German environmental policies on import volumes.
- Disruptions in global supply chains affecting availability and pricing.