The market size volume for Cereal Groats and Meal (excluding Wheat) in Estonia experienced a continuous decline from 2013 to 2023, with a substantial drop of nearly 36% over this period. In 2023, the market value stood at approximately 9.99 million kilograms. The market has seen a negative Compound Annual Growth Rate (CAGR) of -1.92% over the past five years. Recent years highlighted intensified declines, with year-on-year decreases reaching nearly 4.73% between 2022 and 2023.
Future trends to watch for:
- Potential recovery stemming from changing consumer preferences towards more diversified and health-conscious cereal products.
- Possible market stabilization as global supply chains and agricultural yields adapt to new environmental and economic challenges.
- Technological innovations in agricultural practices and processing that may enhance product quality and market appeal.
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 165,760,000 | 2023 | +0.067% | +0.38% | View data |
| 2 | 2 Lithuania | 24,855,000 | 2023 | +1.33% | +1.56% | View data |
| 3 | 3 Portugal | 17,902,000 | 2023 | -2.43% | -1.52% | View data |
| 4 | 4 Estonia | 9,573,300 | 2023 | -4.73% | -1.92% | |
| 5 | 5 Croatia | 8,363,900 | 2023 | -22.42% | -14.73% | View data |
| 6 | 6 Czech Republic | 6,437,300 | 2023 | -0.6% | -0.57% | View data |
