The Dairy Products Market in Austria has shown fluctuating trends in terms of volume from 2012 to 2022. In 2012, the market started at 911.4 million kilograms and reached a value of 1197.5 million kilograms by 2022. Noteworthy observations include substantial growth in 2014 and a significant decline in 2017, while a general upward trend has been maintained. The annual growth rate fluctuates, showing both positive and negative changes over the years.
- From 2019 to 2020, the market increased by 1.97%, followed by a decrease of 1.84% from 2020 to 2021. The market rose again in 2022 by 1.99%.
- Over the past five years (2017-2022), the Compound Annual Growth Rate (CAGR) settled roughly at 1.42%.
Future trends to watch for include:- Potential market stabilizers or disruptors such as innovations in dairy alternatives.- Changes in consumer preferences leaning towards healthier dairy options or substitutes.- Sustainability practices and their impact on production and consumption patterns.- Economic factors and trade policies that could influence the market dynamics.
How does Austria rank in Dairy Products Market Size Volume?
| # | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19,403,000,000 | 2023 | -3.06% | +0.27% | View data |
| 2 | 2 Italy | 10,201,000,000 | 2023 | -0.41% | +0.13% | View data |
| 3 | 3 United Kingdom | 9,124,500,000 | 2023 | +0.024% | -1.23% | View data |
| 4 | 4 France | 8,255,900,000 | 2023 | -3.21% | -3.61% | View data |
| 5 | 5 Poland | 4,571,700,000 | 2023 | +0.73% | +0.76% | View data |
| 6 | 6 Denmark | 1,942,100,000 | 2023 | +5.1% | +3.38% | View data |
| 7 | 7 Sweden | 1,515,000,000 | 2023 | -1.05% | +0.92% | View data |
| 8 | 8 Austria | 1,305,400,000 | 2023 | +2.26% | +3.47% | |
| 9 | 9 Romania | 1,178,400,000 | 2023 | +2.76% | +5.78% | View data |
| 10 | 10 Portugal | 1,049,800,000 | 2023 | -1.43% | -2.29% | View data |
