In 2023, the Milled or Broken Rice Market in Portugal was valued at 155.07 million euros. The market showed a declining trend from 2013, where it started at 170.04 million euros. From 2022 to 2023, it decreased by 0.18%. The compound annual growth rate (CAGR) for the last five years indicates a slight negative trend of -0.16%. Over the past decade, market fluctuations include significant declines and modest recoveries. Vigilant attention is essential to these long-term trends, despite stable annual variations recently.
Future trends to watch include potential shifts in consumer behavior toward alternative grains and the impact of global rice market dynamics, such as trade policies and climate change-induced supply chain disruptions. Innovations in rice processing and value addition might also play a crucial role in market growth opportunities.
How does Portugal rank in Milled or Broken Rice Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 877,670,000 | 2023 | +2.1% | +4.01% | View data |
| 2 | 2 United Kingdom | 701,990,000 | 2023 | +0.068% | +0.23% | View data |
| 3 | 3 Spain | 635,490,000 | 2023 | -0.38% | +0.23% | View data |
| 4 | 4 Portugal | 155,070,000 | 2023 | -0.18% | -0.16% | |
| 5 | 5 Sweden | 123,160,000 | 2023 | +3.33% | +6.58% | View data |
| 6 | 6 Greece | 101,970,000 | 2023 | +3.07% | +2% | View data |
