The Wheat Bran Market in Belgium showed fluctuations from 2012 to 2022, with values decreasing initially and reaching a low in 2017 at 56.894 Million Euros. However, the market rebounded strongly after 2017, showing significant growth particularly from 2018 onwards. The year 2020 saw a notable increase to 78.576 Million Euros, with a peak at 85.734 Million Euros in 2021. However, the market slightly declined in 2022 to 83.786 Million Euros. The year-on-year variations over the last two years were -2.27% in 2022 and 9.11% in 2021. The CAGR over the last five years stands at 8.05%. In 2023, this series stood at approximately 84 Million Euros.
Future trends to watch for include technological advancements in agricultural practices, potential shifts in dietary preferences towards healthier options, and regulatory changes impacting wheat bran production and distribution. Monitoring these factors could provide insights into the market's trajectory beyond 2024.
How does Belgium rank in Wheat Bran Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 316,940,000 | 2023 | +0.13% | -2.32% | View data |
| 2 | 2 Spain | 311,350,000 | 2023 | -0.11% | -0.54% | View data |
| 3 | 3 Germany | 295,030,000 | 2023 | +1.13% | +3.12% | View data |
| 4 | 4 France | 193,510,000 | 2023 | -0.2% | +0.78% | View data |
| 5 | 5 Belgium | 99,934,000 | 2023 | +7.6% | +10.67% | |
| 6 | 6 Netherlands | 90,234,000 | 2023 | +2.55% | +1.53% | View data |
| 7 | 7 Romania | 64,620,000 | 2023 | -1.31% | -2.5% | View data |
