The European market for high growth enterprises in wholesale of agricultural raw materials and live animals presented notable dynamics in 2023. Hungary led the growth with a 21.06% increase, followed by Latvia at 18.47%, highlighting robust market conditions. Italy also showed significant growth at 14.14%, while Portugal grew by 7.26%. Lithuania and Romania experienced modest increases. Conversely, the Czech Republic and Slovakia faced declines of -5.11% and -6.89% respectively, indicating regional challenges.
Future trends to watch involve continued investments in sustainable practices and digital innovation. Markets may see increased emphasis on technology to enhance supply chain efficiencies, potentially driving growth across the region. Monitoring regulatory shifts and trade dynamics will be essential for forecasting enterprise growth trajectories.
Top countries in Number of High Growth Enterprises in Agricultural Raw Materials and Live Animals Wholesale by Country
| # | 8 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 78 | 2023 | +9.86% | +21.06% | View data |
| 2 | 2 Italy | 62 | 2023 | +10.71% | +14.14% | View data |
| 3 | 3 Lithuania | 32 | 2023 | +10.34% | +2.71% | View data |
| 4 | 4 Portugal | 22 | 2023 | +10% | +7.26% | View data |
| 5 | 5 Romania | 17 | 2023 | 0% | +1.22% | View data |
| 6 | 6 Czech Republic | 10 | 2023 | -9.09% | -5.11% | View data |
| 7 | 7 Latvia | 7 | 2023 | 0% | +18.47% | View data |
| 8 | 8 Slovakia | 7 | 2023 | 0% | -6.89% | View data |
