The Wheat Groats and Meal Market in Greece showed a declining trend from 2013 to 2023, with the market value decreasing from 17.749 million euros to 12.304 million euros. While the market saw a temporary rise in 2017, the overall trend is a consistent downturn. The year-on-year declines became less severe towards 2023, showing slight stabilization but still recording a -1.22% drop in the last two years. The five-year compound annual growth rate (CAGR) from 2019 to 2023 averaged -2.21%, indicating a consistent reduction in market size.
Future trends to watch for:
- Potential recovery in market value as economic conditions improve post-2023.
- Increased demand for healthier grains could positively impact the market.
- Market diversification strategies from businesses looking to counteract the declining trend.
How does Greece rank in Wheat Groats and Meal Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 185,090,000 | 2023 | -1.02% | +3.36% | View data |
| 2 | 2 Spain | 126,640,000 | 2023 | +0.23% | +1.07% | View data |
| 3 | 3 France | 103,280,000 | 2023 | -2.05% | -1.48% | View data |
| 4 | 4 Austria | 25,934,000 | 2023 | +1.35% | +2.21% | View data |
| 5 | 5 Greece | 12,304,000 | 2023 | -1.22% | -2.21% | |
| 6 | 6 Croatia | 11,690,000 | 2023 | +0.33% | -0.15% | View data |
| 7 | 7 Bulgaria | 1,686,000 | 2023 | -3.73% | -3.99% | View data |
