Forecast: Import of Virgin Olive Oil to Germany

In 2023, Germany imported 59.9 million kilograms of virgin olive oil. The forecasts from 2024 to 2028 indicate a steady growth in imports, reaching 62.702 million kilograms by 2028. The year-on-year growth percentages are as follows: 2024 (+1.04%), 2025 (+0.93%), 2026 (+0.90%), 2027 (+0.88%), and 2028 (+0.85%). The compound annual growth rate (CAGR) from 2024 to 2028 is projected at approximately 0.92%.

Future trends to watch for include:

  • Increasing consumer health consciousness driving demand for healthier oil options like virgin olive oil.
  • Potential fluctuations in supply due to climatic changes impacting olive production in Mediterranean regions.
  • Policy changes in Germany or the EU that may affect import tariffs or incentives for olive oil.

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