Between 2013 and 2023, the flavoured liquid milk products market in Hungary experienced a declining trend in value per capita, which decreased from 12.05 euros to 6.11 euros. This constitutes a significant downward trajectory especially between 2013 and 2016. Recent years have shown minor fluctuations; a slight dip occurred from 2019 to 2023, with the year-on-year change marking a 4.38% decrease in 2022, and a 4.38% decline in 2023. The compound annual growth rate (CAGR) over the last five years highlights a negative average annual change of approximately -3.0%.
Future trends to monitor include consumer preference shifts towards plant-based milk alternatives and potential economic impacts affecting spending power. Additionally, market responses in innovation, sustainability, and health-focused products might influence future growth or further declines.
How does Hungary rank in Flavoured Liquid Milk Products Market Size Value Per Capita?
| # | 17 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 48.35 | 2023 | View data | ||
| 2 | 2 Finland | 43.65 | 2023 | View data | ||
| 3 | 3 Germany | 28.74 | 2023 | View data | ||
| 4 | 4 Estonia | 27.84 | 2023 | View data | ||
| 5 | 5 Latvia | 24.34 | 2023 | View data | ||
| 14 | 14 Austria | 9.45 | 2023 | View data | ||
| 15 | 15 Sweden | 9.28 | 2023 | View data | ||
| 16 | 16 Hungary | 6.11 | 2023 | |||
| 17 | 17 Romania | 5.98 | 2023 | View data | ||
