The margarine market in Romania experienced fluctuations between 2013 and 2023, starting at 68.286 million kilograms and slightly growing to 58.468 million kilograms by 2023. After a peak in 2017, volumes declined sharply until 2020. Recovery efforts from 2021 onwards prompted a slight rebound, with growth stabilizing at just over 1% year-on-year in 2022 and 2023. Over the last five years, the compound annual growth rate (CAGR) remained negative at -3.49%, indicating a market under pressure.
Future trends to monitor include:
- Potential shifts towards healthier options impacting margarine consumption.
- Economic factors influencing consumer spending and preferences.
- Technological advancements in food production and sustainability practices.
How does Romania rank in Margarine Market Size Volume?
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 328,310,000 | 2023 | +1.93% | +3.12% | View data |
| 2 | 2 Germany | 294,410,000 | 2023 | -4.05% | -4.65% | View data |
| 3 | 3 France | 201,770,000 | 2023 | -4.31% | -5.16% | View data |
| 4 | 4 Italy | 129,300,000 | 2023 | -0.95% | -1.18% | View data |
| 5 | 5 Hungary | 63,221,000 | 2023 | +0.49% | +0.5% | View data |
| 6 | 6 Romania | 58,468,000 | 2023 | +1.08% | -3.49% | |
| 7 | 7 Denmark | 52,015,000 | 2023 | -0.31% | +0.3% | View data |
| 8 | 8 Finland | 37,830,000 | 2023 | +1.77% | +0.65% | View data |
