The Cheese and Curd Market in Austria has seen fluctuating values over the past decade, with significant variations between certain years. From 2012 to 2022, the market value shifted from 1.084 billion euros to 1.233 billion euros, experiencing notable growth periods such as in 2014 (14.14%) and 2019 (11.38%), contrasted by declines in 2015 (-7.75%) and 2016 (-12.25%). The recent two years, 2021 and 2022, demonstrated less volatility with a slight decline of -2.15% and a modest growth of 1.42%. The five-year average CAGR from 2018 to 2022 stood at 5.46%, indicating a gradual upward trend.
Future trends to watch for include potential market stabilization or growth influenced by consumer demand for premium dairy products, advancement in production technologies, and changes in dietary preferences towards healthy and natural foods. The impact of economic factors and export opportunities in the European market should also be monitored.
How does Austria rank in Cheese and Curd Market Size Value?
| # | 20 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 11,715,000,000 | 2023 | +1.8% | +2.97% | View data |
| 2 | 2 Italy | 10,839,000,000 | 2023 | -8.64% | -5.02% | View data |
| 3 | 3 United Kingdom | 6,120,000,000 | 2023 | +1.29% | +2.24% | View data |
| 4 | 4 Poland | 3,560,800,000 | 2023 | +1.84% | +2.83% | View data |
| 5 | 5 Greece | 1,479,000,000 | 2023 | +1.45% | +0.66% | View data |
| 6 | 6 Sweden | 1,478,500,000 | 2023 | +1.78% | +2.58% | View data |
| 7 | 7 Austria | 1,262,500,000 | 2023 | +0.54% | +4.55% | |
| 8 | 8 Czech Republic | 1,211,500,000 | 2023 | +1.02% | +3.06% | View data |
| 9 | 9 Romania | 1,175,300,000 | 2023 | +7.52% | +9.12% | View data |