In Belgium's Wheat Bran market, the volume has experienced fluctuations over the years. From 2012 to 2016, there was a general downward trend, hitting a low of 286.28 million kilograms in 2016. However, the market rebounded between 2017 and 2020, peaking at 408.38 million kilograms in 2020. Since then, the volume slightly decreased, maintaining around 407 million kilograms up to 2022. The Compound Annual Growth Rate (CAGR) over the last five years (2017-2022) shows an upward trend at 4.71%, indicating a recovery and growth phase.
Key Variations:
- Year-on-year percentage increase of 16.73% in 2020.
- The volume stood at approximately 407.6 million kilograms in 2022.
- A subtle decline of -0.066% in 2022.
- The market has shown resilience, with a positive five-year CAGR of 4.71%.
Looking ahead, market trends to watch for include potential impacts from dietary changes, increased health consciousness, and sustainability practices in agriculture. Monitoring these factors will be crucial for predicting future market dynamics.
How does Belgium rank in Wheat Bran Market Size Volume?
| # | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,261,200,000 | 2023 | +2.18% | +1.23% | View data |
| 2 | 2 Spain | 1,355,900,000 | 2023 | +2.09% | +2.11% | View data |
| 3 | 3 Germany | 1,346,700,000 | 2023 | -0.39% | +0.87% | View data |
| 4 | 4 United Kingdom | 1,037,600,000 | 2023 | -0.23% | -0.064% | View data |
| 5 | 5 Poland | 997,850,000 | 2023 | +1.44% | +5.54% | View data |
| 6 | 6 France | 775,770,000 | 2023 | -0.99% | -0.39% | View data |
| 7 | 7 Belgium | 434,970,000 | 2023 | +3.19% | +6.54% | |
| 8 | 8 Romania | 410,920,000 | 2023 | +1.57% | +1.21% | View data |
| 9 | 9 Greece | 209,780,000 | 2023 | -0.44% | -0.44% | View data |
