Food production in Germany from 2008 to 2023 July
Production trend of German food industry at -0.7% p.a., sales trend at +5.2% p.a.
Update September 25 th, 2023 - 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.
Since February 2018 food production has been sinking by -0.7% p.a.
Sales trend at +5.2% 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 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 5.2% per year up to July 2023.