From 2012 to 2022, the Wheat Groats and Meal market in France experienced a gradual decline, marked by an overall decrease in market value from 152.69 million euros in 2012 to 105.44 million euros in 2022. Despite a slight uptick in 2019, the market value generally followed a negative trend, with significant year-on-year reductions especially noticeable between 2014 and 2016. The compound annual growth rate (CAGR) over the last five years reveals a consistent decline at an average rate of -1.79% annually.
Looking ahead, it is important to monitor factors such as changing consumer preferences, advancements in agricultural technology, and government regulations, which may influence market recovery or continued decline. Additionally, the impact of global economic conditions and potential trade agreements will be crucial in shaping the future trajectory of the market.
How does France rank in Wheat Groats and Meal Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 185,090,000 | 2023 | -1.02% | +3.36% | View data |
| 2 | 2 Spain | 126,640,000 | 2023 | +0.23% | +1.07% | View data |
| 3 | 3 France | 103,280,000 | 2023 | -2.05% | -1.48% | |
| 4 | 4 Austria | 25,934,000 | 2023 | +1.35% | +2.21% | View data |
| 5 | 5 Greece | 12,304,000 | 2023 | -1.22% | -2.21% | View data |
