Forecast: Coffee Demand in Germany

The demand for coffee in Germany showed a dynamic yet overall declining trend from 2014 up to 2023, starting at 540.0 thousand metric tons in 2014 and gradually decreasing to 494.0 thousand metric tons in 2023. The period experienced significant year-on-year variations, highlighted by a strong growth in 2015 (4.07%) and notable declines in subsequent years, particularly in 2017 and 2020 with a -9.98% and -5.75% decrease respectively. This recent trend indicates a stabilizing yet contracting market with a 2023 year-on-year variation of -0.6%.

Over the last five years, the Compound Annual Growth Rate (CAGR) is -0.32%, reflecting an average yearly decline. Looking forward, the forecasted data suggests that this downward trend will continue, with an estimated 2028 CAGR of -0.53% and an overall 2.64% drop in coffee demand by 2028 compared to 2023.

Future trends to watch for include potential changes in consumer preferences, the impact of economic factors on disposable income, and the influence of sustainable and ethical sourcing practices on the coffee market. Moreover, competition from alternative beverages and innovations in the coffee industry could affect demand dynamics moving forward.