Groundnut demand in the Netherlands stood at 120.0 thousand metric tons in 2023. Forecasted data indicates a continuous downward trend: 114.0k MT in 2024, 109.0k MT in 2025, 103.0k MT in 2026, 98.0k MT in 2027, and 92.0k MT in 2028.
Year-on-year variations reveal the following trends:
- 2024 compared to 2023: -5.0%
- 2025 compared to 2024: -4.4%
- 2026 compared to 2025: -5.5%
- 2027 compared to 2026: -4.9%
- 2028 compared to 2027: -6.1%
The Compound Annual Growth Rate (CAGR) for the period 2023 to 2028 is projected to be -5.1%.
Future trends to watch for include changes in dietary preferences, the impact of sustainability initiatives, and potential shifts in market dynamics due to international trade regulations. Monitoring these factors could provide insights into demand fluctuations.
