Apache commons collections 4 has a CircularFifoQueue<> which is what you are looking for. Quoting the javadoc:
CircularFifoQueue is a first-in first-out queue with a fixed size that replaces its oldest element if full.
import java.util.Queue;
import org.apache.commons.collections4.queue.CircularFifoQueue;
Queue<Integer> fifo = new CircularFifoQueue<Integer>(2);
fifo.add(1);
fifo.add(2);
fifo.add(3);
System.out.println(fifo);
// Observe the result:
// [2, 3]
If you are using an older version of the Apache commons collections (3.x), you can use the CircularFifoBuffer which is basically the same thing without generics.
Update: updated answer following release of commons collections version 4 that supports generics.