In Slovakia, the preserved vegetables market value, expressed in million euros, saw fluctuations over the past decade, reaching €35.835 million in 2023. From 2013 to 2016, the market experienced growth, peaking at €50.598 million in 2016. However, from 2017, the market began a downward trend, with significant drops in 2018 and 2022. Notably, the last two years showed a continuation of the decline, with a 3.61% decrease in 2023. The 5-year CAGR suggests a negative growth averaging 1.03% annually.
Future trends to watch for include:
- Changing consumer preferences towards fresh produce.
- Sustainability and health-conscious choices potentially impacting demand.
- Economic factors, such as inflation or consumer spending power, influencing market performance.
How does Slovakia rank in Preserved Vegetables Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 5,027,800,000 | 2023 | +3.11% | +3.52% | View data |
| 2 | 2 France | 3,258,500,000 | 2023 | +1.31% | +0.8% | View data |
| 3 | 3 Spain | 2,538,400,000 | 2023 | +1.71% | +1.24% | View data |
| 4 | 4 Germany | 2,486,100,000 | 2023 | +0.35% | +0.52% | View data |
| 5 | 5 Netherlands | 1,568,700,000 | 2023 | +2.54% | +2.13% | View data |
| 15 | 15 Croatia | 55,958,000 | 2023 | +3.32% | +2.79% | View data |
| 16 | 16 Estonia | 42,558,000 | 2023 | +7.66% | +2.27% | View data |
| 17 | 17 Slovakia | 35,835,000 | 2023 | -3.61% | -1.03% | |
| 18 | 18 Slovenia | 35,773,000 | 2023 | +3.5% | +4.08% | View data |
| 19 | 19 Latvia | 29,795,000 | 2023 | +0.59% | +1.77% | View data |
