The Wheat or Meslin Flour market in Austria has experienced fluctuations over the past decade. From 2012 to 2015, the market saw minimal year-on-year variations before a significant decline in 2016 and subsequent years. Particularly, the market value dropped sharply by 17.75% in 2016 and continued its downward trend in 2017 with an 8.63% decrease. However, following the 2017 low, the market value began to rebound slightly, reaching a positive growth phase from 2018 to 2021. Notably, 2021 saw a substantial year-on-year increase of 10.26%. Although there was a small dip in 2022 by 4.03%, the compound annual growth rate (CAGR) for the recent five years stood positive at 4.05%, emphasizing a recovery phase. The value in 2023 was around 275 million Euros.
Future trends to watch for include the potential impact of ongoing global supply chain disruptions, evolving agricultural policies within the European Union, and consumer preference shifts towards organic and locally sourced products. Monitoring these factors will be critical in forecasting the market's trajectory.
How does Austria rank in Wheat or Meslin Flour Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,777,500,000 | 2023 | +1.5% | +1.28% | View data |
| 2 | 2 Italy | 2,108,400,000 | 2023 | -4.15% | -1.81% | View data |
| 3 | 3 Germany | 2,094,500,000 | 2023 | -1.05% | +1.17% | View data |
| 4 | 4 United Kingdom | 1,770,000,000 | 2023 | -0.8% | +0.38% | View data |
| 5 | 5 Spain | 1,521,300,000 | 2023 | +0.11% | -0.26% | View data |
| 13 | 13 Sweden | 286,360,000 | 2023 | -0.2% | +0.82% | View data |
| 14 | 14 Hungary | 266,180,000 | 2023 | -2.51% | -0.88% | View data |
| 15 | 15 Austria | 261,120,000 | 2023 | -3.09% | +2.59% | |
| 16 | 16 Denmark | 141,690,000 | 2023 | -2.52% | -1.52% | View data |
| 17 | 17 Bulgaria | 135,120,000 | 2023 | -1.77% | -2.5% | View data |
