The data showcases the import volume of sugar to Germany from 2013 to 2023, exhibiting fluctuations over the years. As of 2023, the import volume stood at 842.89 million kilograms. Year-on-year analysis reveals significant changes: an increase of 20.36% from 2021 to 2022, and a slight rise of 1.16% from 2022 to 2023. Over the past five years, the compound annual growth rate (CAGR) reflects a minor decline of 0.54%.
Forecasts from 2024 to 2028 predict a steady rise in sugar imports, with a forecasted 5-year CAGR of 0.86% and an overall growth rate of 4.39% by 2028. This suggests a stabilization and gradual increase in the sugar imports to Germany.
Trends to watch for:
- Fluctuations in global sugar supply and demand
- Changes in trade policies and tariffs
- Technological advancements in sugar production
- Shifts in domestic consumption patterns
