From 2013 to 2023, Hungary's dairy products market per capita value showed a consistent upward trend, starting at €112.24 and reaching €167.75 in 2023. This indicates a significant overall growth. Year-on-year growth from 2022 to 2023 was approximately 1.91%, while the preceding year's growth was around 1.72%. The Compound Annual Growth Rate (CAGR) for the past five years, from 2018 to 2023, stands around 2.51%, reflecting a stable increase in consumer spending on dairy products.
Future trends to watch for include:
- Potential impacts of economic conditions on consumer spending habits.
- Innovations in dairy products, targeting health-conscious consumers.
- Regulatory changes and their effects on market dynamics.
How does Hungary rank in Dairy Products Market Size Value Per Capita?
| # | 19 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 433.47 | 2023 | View data | ||
| 2 | 2 France | 398.35 | 2023 | View data | ||
| 3 | 3 Italy | 395.54 | 2023 | View data | ||
| 4 | 4 Lithuania | 372.35 | 2023 | View data | ||
| 5 | 5 Austria | 273.47 | 2023 | View data | ||
| 16 | 16 Czech Republic | 192.04 | 2023 | View data | ||
| 17 | 17 Bulgaria | 179.81 | 2023 | View data | ||
| 18 | 18 Hungary | 167.75 | 2023 | |||
| 19 | 19 Romania | 150.53 | 2023 | View data | ||
