From 2013 to 2023, the Croatian durum wheat groats and meal market experienced modest growth followed by a period of fluctuations. The market size increased significantly from 2013 to 2019, peaking at 13.062 million kilograms. However, the period from 2020 onwards saw noticeable declines and inconsistencies, with the market standing at 11.182 million kilograms in 2023. Recent trends show a negative year-on-year variation of -0.58% in 2023, reflecting a stagnation or slight contraction trend. The Compound Annual Growth Rate (CAGR) over the past five years was -2.93%.
Future Trends to Watch:
- Potential shifts in consumer preferences towards healthier foods could impact demand for durum wheat products.
- Global supply chain dynamics and climate change effects on wheat production might influence local market stability.
- Technological advancements in agricultural practices and processing could enhance production efficiency.
- Increased interest in sustainable and local sourcing may drive changes in production and consumption patterns.
How does Croatia rank in Durum Wheat Groats and Meal Market Size Volume?
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,284,800,000 | 2023 | +0.85% | -0.77% | View data |
| 2 | 2 Spain | 303,090,000 | 2023 | +0.62% | +1.72% | View data |
| 3 | 3 Germany | 242,560,000 | 2023 | -0.76% | +0.012% | View data |
| 4 | 4 Poland | 41,358,000 | 2023 | +3.46% | +3.91% | View data |
| 5 | 5 Austria | 30,297,000 | 2023 | +0.89% | +1.61% | View data |
| 6 | 6 Croatia | 11,182,000 | 2023 | -0.58% | -2.93% | |
| 7 | 7 Denmark | 7,871,100 | 2023 | +1.84% | +1.94% | View data |
| 8 | 8 Lithuania | 1,514,000 | 2023 | -6% | -1.12% | View data |