The Wheat Groats and Meal market in Spain has experienced fluctuations over the last decade. Starting from 2013, the market value saw slight annual increases until reaching a peak in 2015. Following a dip in 2016, the trend reverses with gradual declines leading up to 2018. Thereafter, there's a modest recovery observed through to 2023. As of 2023, the market size stands at 126.64 million Euros. Year-on-year variations for the last two years indicate very modest positive growth, each less than 0.3%. The CAGR over the last five years shows an average annual growth rate of approximately 1.07%.
Future trends worth monitoring include potential impacts of agricultural innovations, shifts in consumer dietary preferences, and economic policies affecting the agricultural sector. Additionally, global market conditions and climate change effects could play significant roles in shaping the market dynamics in the coming years.
How does Spain 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% | |
| 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% | View data |
