The wheat bran market in Hungary was valued at 29.246 million euros in 2023, marking consistent decline since 2020. A significant decline of 2.12% year-on-year was observed in 2023. The market has experienced a downward trend over the last decade, with the highest decline occurring in 2015 at 15.55%, and a calculated CAGR of -1.37% over the last five years suggests sustained contraction.
Future trends to watch for:
- The impact of fluctuation in wheat production and global demand on the market.
- Potential recovery opportunities through nutritional product innovation.
- Influence of environmental regulations on production costs and supply chains.
How does Hungary rank in Wheat Bran Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 316,940,000 | 2023 | +0.13% | -2.32% | View data |
| 2 | 2 Spain | 311,350,000 | 2023 | -0.11% | -0.54% | View data |
| 3 | 3 Germany | 295,030,000 | 2023 | +1.13% | +3.12% | View data |
| 4 | 4 France | 193,510,000 | 2023 | -0.2% | +0.78% | View data |
| 5 | 5 Belgium | 99,934,000 | 2023 | +7.6% | +10.67% | View data |
| 7 | 7 Romania | 64,620,000 | 2023 | -1.31% | -2.5% | View data |
| 8 | 8 Greece | 41,948,000 | 2023 | -3.05% | -1.64% | View data |
| 9 | 9 Hungary | 29,246,000 | 2023 | -2.12% | -1.37% | |
| 10 | 10 Bulgaria | 13,131,000 | 2023 | +0.53% | -3.36% | View data |
| 11 | 11 Croatia | 11,068,000 | 2023 | -2.86% | -2.41% | View data |
