The European Bakery Products Production Index in 2023 showed France leading with a value of 11.21, followed by Greece at 10.88, and Italy at 10.48. Spain and Germany trailed with values of 9.89 and 9.44, respectively. Observing recent trends, between 2022 and 2023, France and Greece experienced slight growth, while Italy stagnated. In contrast, Spain and Germany saw declining indices. Over the past five years, the Compound Annual Growth Rate (CAGR) reflects these broader trends, with France and Greece likely showing positive growth and Germany and Spain potentially experiencing contractions.
Future trends to watch include potential shifts towards artisanal and healthier bakery products driven by consumer preferences. Economic factors, such as inflation and import-export dynamics, may also impact production costs and output levels. Sustainability and technological innovations in production processes could lead to further changes in performance by country.
Top countries in Bakery Products Production Index by Country
| # | 5 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 112.1 | 2022 | +4.47% | +1.82% | View data |
| 2 | 2 Greece | 108.8 | 2022 | +11.7% | +2.07% | View data |
| 3 | 3 Italy | 104.8 | 2022 | -3.32% | +0.11% | View data |
| 4 | 4 Spain | 98.9 | 2022 | +4.55% | -1.34% | View data |
| 5 | 5 Germany | 94.4 | 2022 | -1.46% | -1.84% | View data |
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