The Durum Wheat Groats and Meal Market in Germany saw moderate fluctuations from 2013 to 2023, reaching 166.09 million Euros in 2023. After an initial decline in the market value from 2013 to 2014, slight growths and declines were observed until 2017, which saw the sharpest dip of -10.93%. From 2018 onwards, the market exhibited a generally upward trajectory with notable growth periods in 2019 and 2020. The last two years experienced minimal declines with -1.12% and -1.08% in 2022 and 2023, respectively. The five-year CAGR stood at 3.25% in 2023.
Future trends to watch for:
- Potential impact of climate change on durum wheat production and pricing.
- Shifts in consumer preferences towards healthier or alternative grains.
- Technological advancements in agriculture that could improve yield and reduce costs.
- Trade policies and their effects on imports and exports of durum wheat products.
How does Germany rank in Durum Wheat Groats and Meal Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 174,270,000 | 2023 | +8.48% | +9.88% | View data |
| 2 | 2 Germany | 166,090,000 | 2023 | -1.08% | +3.25% | |
| 3 | 3 Spain | 126,710,000 | 2023 | +0.22% | +1.08% | View data |
| 4 | 4 Poland | 24,862,000 | 2023 | +4.57% | +8.24% | View data |
| 5 | 5 Austria | 23,170,000 | 2023 | +1.31% | +2.38% | View data |
