Key Market Indicators
Macedonian Food Sales are projected to climb to approximately €775 million by 2028, up from around €731 million in 2023. This represents an average annual growth rate of 0.9%. Notably, since 2017, the Macedonian market has seen a yearly increase of 1.3%. In 2023, Macedonia was ranked 33rd, with Luxembourg surpassing it at €731 million. France, Italy, and Spain occupied the second, third, and fourth spots, respectively. Regarding food expenditures, Macedonia is expected to reach about €2,420 million by 2028, rising from €2,200 million in 2023. This marks an average annual growth rate of 1.5%. Since 2005, Macedonian demand has been on an upward trajectory, growing by 2.4% each year. In 2023, Macedonia ranked 29th, with Estonia overtaking it at €2,200 million. France, Italy, and the United Kingdom were ranked second, third, and fourth in this category, respectively.
