Over the past decade, the starches and starch products market in Greece has experienced fluctuations. Starting in 2013 with a market size of 205.57 million euros, the market has generally declined, reaching 172.01 million euros in 2023. While there were occasional upticks, the compound annual growth rate (CAGR) from 2018 to 2023 was -1.29%, indicating an overall downward trend.
- The value in 2023 stood at 172.01 million euros, marking a 1.5% decrease from 2022.
- Over the last two years, the market experienced year-on-year declines of 4.49% in 2022 and 1.5% in 2023.
- The market's five-year CAGR of -1.29% signals an average annual decrease over this period.
Future trends to watch include potential impacts of changing dietary preferences and regulatory measures on starch consumption, advancements in alternative starch sources, and shifts in industrial demand, which could influence market recovery or further contraction.
How does Greece rank in Starches and Starch Products Market Size Value?
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,560,700,000 | 2023 | +1.46% | +1.76% | View data |
| 2 | 2 Germany | 1,447,100,000 | 2023 | -3.65% | +0.67% | View data |
| 3 | 3 Italy | 860,770,000 | 2023 | +1.09% | +0.48% | View data |
| 4 | 4 United Kingdom | 713,020,000 | 2023 | -0.84% | -1.26% | View data |
| 5 | 5 Denmark | 561,220,000 | 2023 | +3.28% | +3.35% | View data |
| 6 | 6 Finland | 380,660,000 | 2023 | -1.94% | -1.82% | View data |
| 7 | 7 Poland | 258,530,000 | 2023 | -2.57% | -0.39% | View data |
| 8 | 8 Greece | 172,010,000 | 2023 | -1.5% | -1.29% | |
| 9 | 9 Czech Republic | 145,110,000 | 2023 | -1.26% | +0.12% | View data |
| 10 | 10 Portugal | 74,098,000 | 2023 | -0.66% | -0.019% | View data |