The bread market in Slovakia experienced a steady decline in volume from 2013 to 2023, standing at 90.516 million kilograms in 2023. The year-on-year variations indicate minor fluctuations, with the most notable decline occurring between 2021 and 2023, averaging a reduction rate of over 1% annually. The Compound Annual Growth Rate (CAGR) over the last five years reflects a decline of 1.35%, indicating a persistent downward trend in bread consumption volume.
Future trends to watch for:
- Shifts towards healthier dietary habits could further decrease traditional bread consumption.
- Potential growth in the demand for specialty and health-oriented bread products.
- Impact of economic factors on bread production and pricing, influencing market metrics.
How does Slovakia rank in Bread Market Size Volume?
| # | 23 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,639,200,000 | 2023 | -0.6% | -0.44% | View data |
| 2 | 2 United Kingdom | 2,629,200,000 | 2023 | -0.35% | -0.49% | View data |
| 3 | 3 Spain | 2,022,900,000 | 2023 | +1.64% | +1.48% | View data |
| 4 | 4 France | 1,165,300,000 | 2023 | +0.36% | -0.45% | View data |
| 5 | 5 Poland | 1,123,000,000 | 2023 | -5.58% | -5.07% | View data |
| 18 | 18 Finland | 166,050,000 | 2023 | -1.3% | +0.0012% | View data |
| 19 | 19 Lithuania | 102,900,000 | 2023 | -1.26% | -2.15% | View data |
| 20 | 20 Slovakia | 90,516,000 | 2023 | -1.27% | -1.35% | |
| 21 | 21 Slovenia | 81,438,000 | 2023 | +0.28% | +1.13% | View data |
| 22 | 22 Latvia | 64,931,000 | 2023 | -3.09% | -3.16% | View data |
