Between 2013 and 2023, the prepared mustard market in Portugal showed fluctuations with an overall moderate growth in terms of value. As of 2023, the market size stood at 4.4748 million Euros. The year-on-year variation in 2022 and 2023 showed minimal positive growth, at just 0.14%. Over a five-year period, the Compound Annual Growth Rate (CAGR) was a slight contraction at -0.56%, indicating a relatively stable but stagnant market.
Future trends to watch for:
- Potential impact of health trends encouraging mustard consumption as a low-calorie condiment.
- Increasing popularity of gourmet and flavored mustards might drive value growth.
- Economic factors and inflation could impact consumer spending behavior, influencing market dynamics.
How does Portugal rank in Prepared Mustard Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 231,880,000 | 2023 | -0.55% | -0.37% | View data |
| 2 | 2 France | 96,771,000 | 2023 | +1.53% | -0.29% | View data |
| 3 | 3 Romania | 22,891,000 | 2023 | +2.51% | +3.33% | View data |
| 4 | 4 Spain | 17,206,000 | 2023 | +0.041% | -0.79% | View data |
| 5 | 5 Czech Republic | 15,832,000 | 2023 | +2.41% | +0.14% | View data |
| 9 | 9 Hungary | 10,030,000 | 2023 | -3.49% | -3.24% | View data |
| 10 | 10 Denmark | 8,904,400 | 2023 | -0.029% | +0.53% | View data |
| 11 | 11 Portugal | 4,474,800 | 2023 | +0.14% | -0.56% | |
| 12 | 12 Croatia | 3,461,700 | 2023 | -2% | -3.16% | View data |
| 13 | 13 Bulgaria | 2,924,200 | 2023 | +7.64% | +2.95% | View data |
