The Austrian Flavoured Liquid Milk Products market experienced a declining trend from 2012 to 2022, with the market size decreasing from 40.134 Million Kilograms in 2012 to 31.412 Million Kilograms in 2022. Year-on-year variations fluctuated, with notable declines in 2015 (-10.46%) and 2020 (-9.68%), suggesting periods of significant market contraction. The Compounded Annual Growth Rate (CAGR) over the last five years remained negative, highlighting an overall downward trend in market volume.
Recent trends (2021-2022) indicate reductions at a slower pace, with year-on-year variations of -3.27% and -0.51%. The average annual variation over the past five years (CAGR) stood at -1.93%. As of 2023, the market continued to exhibit a similar downward trajectory.
Future trends to watch for:
- Potential recovery in market volume influenced by new product innovations and health-conscious consumer choices.
- Sustained marketing efforts to boost consumer engagement with flavoured milk products.
- Impact of economic factors on consumer purchasing power and the overall dairy market landscape.
How does Austria rank in Flavoured Liquid Milk Products Market Size Volume?
| # | 14 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,320,700,000 | 2023 | -0.59% | -1.54% | View data |
| 2 | 2 Germany | 949,250,000 | 2023 | -3.61% | -4.05% | View data |
| 3 | 3 Italy | 347,870,000 | 2023 | -0.54% | -5.97% | View data |
| 4 | 4 Poland | 277,020,000 | 2023 | +0.97% | +0.7% | View data |
| 5 | 5 Portugal | 172,060,000 | 2023 | -1.49% | -2.28% | View data |
| 8 | 8 Romania | 55,563,000 | 2023 | +3.03% | +1.85% | View data |
| 9 | 9 Hungary | 34,782,000 | 2023 | -8.17% | -4.81% | View data |
| 10 | 10 Austria | 29,803,000 | 2023 | -2.93% | -3.38% | |
| 11 | 11 Lithuania | 21,380,000 | 2023 | -0.29% | -0.29% | View data |
| 12 | 12 Latvia | 17,934,000 | 2023 | -1.16% | +0.51% | View data |
