Over the past decade, the food-grade salt market in Hungary has experienced fluctuations, with volume reaching 79.723 million kilograms in 2023. A noticeable decline was observed between 2018 and 2020, followed by minor recovery and stagnation. Between 2022 and 2023, there was a minimal decrease of 0.58% year-on-year. Analyzed over the last five years, a compound annual growth rate (CAGR) of 0.38% indicates slight overall growth, despite the presence of both negative and positive swings year-on-year.
Future trends to watch for include advancements in dietary health, potentially influencing salt consumption. Additionally, increasing consumer awareness regarding salt substitutes and reductions in processed food salt content may further impact market dynamics.
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 429,480,000 | 2023 | -6.54% | -5.34% | View data |
| 2 | 2 Poland | 231,230,000 | 2023 | -3.57% | -2.81% | View data |
| 3 | 3 Greece | 201,980,000 | 2023 | +2.78% | -0.0069% | View data |
| 4 | 4 Hungary | 79,723,000 | 2023 | -0.58% | +0.38% | |
| 5 | 5 Bulgaria | 65,176,000 | 2023 | -0.045% | -3.91% | View data |
| 6 | 6 Croatia | 47,971,000 | 2023 | +0.85% | -0.023% | View data |
