The Wheat Groats and Meal Market in Denmark demonstrates moderate fluctuations in volume over the analyzed period from 2012 to 2022. The market started at 15.699 million kilograms in 2012, steadily increasing with a slight dip in 2017 and a more notable drop in 2018. Following this, the market experienced varying degrees of recovery and growth, culminating at 17.375 million kilograms in 2022. In terms of year-on-year changes, the market exhibited notable variability with an average annual growth rate (CAGR) of around 1.5% in the last five years, indicating a modest yet stable growth trajectory.
Recent trends over the last two years highlight a strong recovery with a significant increase in 2021 (10.73%) followed by a slight decline in 2022 (-1.63%). Future trends to watch for include potential impacts from global agricultural policies, climate change affecting crop yields, and evolving consumer preferences towards alternative grains and plant-based diets. Tracking these elements will be crucial for anticipating market changes and making informed strategic decisions.
How does Denmark 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% | View data |
| 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 |
| 6 | 6 Denmark | 18,210,000 | 2023 | +2.07% | +4.16% | |
| 7 | 7 Slovenia | 10,782,000 | 2023 | -0.13% | +0.8% | View data |
| 8 | 8 Bulgaria | 5,037,900 | 2023 | +3.06% | -0.58% | View data |
