The Butter and Dairy Spreads Market in Austria has shown a general upward trend from 2012 to 2022, with some fluctuations in annual growth rates. Starting from 49.684 million kilograms in 2012, the market grew to 51.733 million kilograms by 2022. Notable growth periods include 2017 to 2019, where annual growth rates ranged from 1.88% to 2.35%. However, there were declines in market size in 2014, 2015, 2016, 2020, and 2021, leading to year-on-year negative growth rates. The Compound Annual Growth Rate (CAGR) has generally been positive but low, achieving a 0.26% CAGR over the most recent five-year period.
Future trends to watch for include potential market stabilization or growth recovery post-2022. Factors such as consumer preferences, pricing strategies, and the introduction of healthier or alternative dairy products may influence future market dynamics.
How does Austria rank in Butter and Dairy Spreads Market Size Volume?
| # | 19 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 600,430,000 | 2023 | +1.56% | +1.32% | View data |
| 2 | 2 Germany | 528,520,000 | 2023 | +0.76% | +0.82% | View data |
| 3 | 3 Italy | 188,030,000 | 2023 | +0.069% | -0.72% | View data |
| 4 | 4 Poland | 147,660,000 | 2023 | -0.36% | -0.024% | View data |
| 5 | 5 Czech Republic | 70,089,000 | 2023 | +2.13% | +4.09% | View data |
| 6 | 6 Austria | 52,022,000 | 2023 | +0.93% | -0.00058% | |
| 7 | 7 Denmark | 32,051,000 | 2023 | -1.47% | +2.77% | View data |
| 8 | 8 Romania | 30,373,000 | 2023 | +4% | +7.24% | View data |