The Durum Wheat Groats and Meal market size value in Spain has experienced fluctuation over the past decade, peaking in 2015 and subsequently declining until 2018. A recovery began in 2019, with gradual year-on-year increases noted since then. In 2023, the market stood at €126.71 million, marking a modest growth trajectory.
Key trends over the last two years show consistent but slight growth, with year-on-year variations of 0.22% in 2022 and 2023. The Compound Annual Growth Rate (CAGR) over the last five years is recorded at 1.08%, indicating a slow but steady recovery phase post-2018.
Future trends to watch for include potential impacts from climatic changes affecting wheat yields, trade policy shifts within the EU, and evolving consumer preferences toward wheat-based products. Market players should closely monitor technological advancements in agriculture that could enhance productivity and sustainability.
How does Spain rank in Durum Wheat Groats and Meal Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 174,270,000 | 2023 | +8.48% | +9.88% | View data |
| 2 | 2 Germany | 166,090,000 | 2023 | -1.08% | +3.25% | View data |
| 3 | 3 Spain | 126,710,000 | 2023 | +0.22% | +1.08% | |
| 4 | 4 Poland | 24,862,000 | 2023 | +4.57% | +8.24% | View data |
| 5 | 5 Austria | 23,170,000 | 2023 | +1.31% | +2.38% | View data |
