In 2023, Germany's import of crude soybean oil stood at 28 million US Dollars. From 2024 onwards, forecasts indicate a consistent decline in imports: down by approximately 11.4% in 2024, further dropping each year by about 11.4% in 2025, 12.6% in 2026, 13.8% in 2027, and 16.2% in 2028. The compound annual growth rate (CAGR) over these five years suggests an average decrease of around 13.9% per annum.

Future trends to watch for:

Shifts in global soybean oil production and pricing.
Germany's increased focus on renewable energy and sustainability impacts on import needs.
Trade policy changes within the EU and with international partners.
Substitutes and innovations in dietary and industrial uses of oils.