In 2023, the demand for groundnuts in Germany was recorded at 116.0 thousand metric tons. The forecasted data for 2024 indicates a slight increase to 117.0 thousand metric tons, marking a year-on-year growth of approximately 0.86%. This trend continues modestly with the demand reaching 118.0 thousand metric tons in 2025, another 0.85% increase from the previous year. The demand remains stable at 118.0 thousand metric tons through 2026 and 2027, before a slight increase again to 119.0 thousand metric tons in 2028.
Over the two years spanning 2024 to 2026, the cumulative year-on-year variation reveals a slightly positive trend in groundnuts demand. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 suggests an average annual increase of approximately 0.43% in demand.
Future trends to watch for include shifts in consumer preferences towards plant-based and healthy snacking options, which could impact groundnuts consumption. Furthermore, changes in agricultural policies, import regulations, and climatic conditions may also play significant roles in influencing the demand trajectory for groundnuts in Germany.
