In Denmark, the volume of the Durum Wheat Groats and Meal Market has exhibited an overall upward trend from 2013 to 2023, reaching 7.871 million kilograms in 2023. The recent two-year trend shows a modest growth, with a year-on-year increase of approximately 1.89% in 2022 and 1.84% in 2023. Over the last five years, the compound annual growth rate (CAGR) stood at 1.94%, highlighting a gradual yet consistent incline.
As we look towards the future, key trends to watch include:
- Potential shifts in consumer preferences towards sustainable and locally sourced grain products which might spur growth in demand.
- Impacts of climate change and trade policies on durum wheat availability and cost, influencing market dynamics.
- Technological advancements in farming practices potentially enhancing production efficiency, affecting supply chain dynamics.
How does Denmark 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% | View data |
| 7 | 7 Denmark | 7,871,100 | 2023 | +1.84% | +1.94% | |
| 8 | 8 Lithuania | 1,514,000 | 2023 | -6% | -1.12% | View data |
