Food production in Germany from 2008 to 2020 March

Production of food industry in Germany stagnating, sales in growth trend with 2.8% p.a.

Update May 29th, 2020 - The main advantage of food production (without beverage) is immediately apparent in the diagram below: a stable, smooth production trend.


We look at the course of the dashed trend line that marks the moving one-year trend. In 2010 this trend already exceeded the pre-crisis level and continued to rise until 2012. Then food production stagnated for four years until a growth trend has begun in mid-2016.


However, this slight growth trend ended in February 2018.

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Production of the German food and beverage industry from 2008 to 2020.

The current growth trend of food production is 0.3% per year from June 2016 to March 2020.

 

The current growth trend of food production is 0.3% per year from June 2016 to March 2020.


However,a growth ratio of 0.3% p.a. may already be determined stagnation.


The reasons for a stagnation in 2020 lie outside the food industry in the course of global economic development, which is also examined in the Quest Trend Magazine.

Sales showing again a growth trend since July 2017 at 2.8% p.a.

The red dashed line in the following diagram illustrates the sales trend. This trend is determined as a moving one-year average of the monthly quotations of the sales index of the Federal Statistical Office.

Sales of food industry in Germany from 2008 to 2020.

Sales exceeded the pre-crisis level for the first time in July 2011, grew further until July 2014 and then declined again until mid-2017. Since July 2017 there has been a renewed growth trend in sales of 2.8% per year up to March 2020.

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