The Hungarian Wheat or Meslin Flour market exhibited a fluctuating trend from 2013 to 2023. The market size reached 266.18 million Euros in 2023. Over the last two years, there were year-on-year declines of approximately 2.47% in 2022 and 2.51% in 2023. From 2019 to 2023, the market experienced a compound annual growth rate (CAGR) of -0.88%, indicating a slight overall decline.
Future trends to watch for include potential recovery from demand fluctuations and the impact of agricultural policies and global wheat market conditions on Hungary's flour industry. Environmental considerations and innovation in production could also play key roles.
How does Hungary rank in Wheat or Meslin Flour Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,777,500,000 | 2023 | +1.5% | +1.28% | View data |
| 2 | 2 Italy | 2,108,400,000 | 2023 | -4.15% | -1.81% | View data |
| 3 | 3 Germany | 2,094,500,000 | 2023 | -1.05% | +1.17% | View data |
| 4 | 4 United Kingdom | 1,770,000,000 | 2023 | -0.8% | +0.38% | View data |
| 5 | 5 Spain | 1,521,300,000 | 2023 | +0.11% | -0.26% | View data |
| 12 | 12 Czech Republic | 293,580,000 | 2023 | -1.86% | +1.1% | View data |
| 13 | 13 Sweden | 286,360,000 | 2023 | -0.2% | +0.82% | View data |
| 14 | 14 Hungary | 266,180,000 | 2023 | -2.51% | -0.88% | |
| 15 | 15 Austria | 261,120,000 | 2023 | -3.09% | +2.59% | View data |
| 16 | 16 Denmark | 141,690,000 | 2023 | -2.52% | -1.52% | View data |