Between 2013 and 2023, the Wheat Groats and Meal market in Spain experienced fluctuations in volume, ultimately reaching 299.4 million kilograms in 2023. Noticeable growth occurred in 2016 (13.93%) and 2020 (11.7%), while declines were seen in 2014 (-2%), 2015 (-2.04%), 2018 (-2.4%), and 2021 (-6.85%). The annual average growth rate (CAGR) over the last five years from 2019 to 2023 was 1.5%, indicating a moderate long-term upward trend.
Recent years have shown more stability, with year-on-year variations of 2.06% in 2022 and 0.63% in 2023. Given this context, key future trends to watch include:
- Impact of global economic conditions and agricultural policies on production and import levels.
- Technological advancements in agricultural practices.
- Shifts in consumer preferences towards alternative grains or sustainable options.
How does Spain rank in Wheat Groats and Meal Market Size Volume?
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 299,400,000 | 2023 | +0.63% | +1.5% | |
| 2 | 2 Germany | 267,970,000 | 2023 | -0.74% | +0.031% | View data |
| 3 | 3 Belgium | 45,566,000 | 2023 | -0.63% | +0.78% | View data |
| 4 | 4 Austria | 34,294,000 | 2023 | -0.77% | +1.77% | View data |
| 5 | 5 Croatia | 18,860,000 | 2023 | +2.1% | -1.01% | View data |
