The potatoes market size in Germany has shown varied trends over the past decade. Between 2013 and 2023, the market value fluctuated with periods of growth and decline. Notably, there was significant growth in 2021 and 2022, reflected in year-on-year increases of 4.64% and 1.70%, respectively. As of 2023, the market achieved a value of 2.0979 Billion Euros, indicating a steady increase of 1.66% year-on-year. Analyzing the compound annual growth rate (CAGR) over the last five years, the CAGR stands at 2.31% per year, demonstrating moderate but consistent growth toward the past decade.
Future trends to watch for:
- Increasing consumer preference for organic and locally-sourced potatoes.
- Technological advancements in farming leading to greater yield and efficiency.
- Potential impact of climate change on agricultural output.
- Shifts in trade policies affecting import/export dynamics.
How does Germany rank in Potatoes Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,097,900,000 | 2023 | +1.66% | +2.31% | |
| 2 | 2 Italy | 1,214,900,000 | 2023 | +1.78% | +5.72% | View data |
| 3 | 3 Spain | 677,220,000 | 2023 | +4% | -0.015% | View data |
| 4 | 4 Sweden | 401,070,000 | 2023 | +2.45% | +4.5% | View data |
| 5 | 5 Poland | 357,270,000 | 2023 | +3.75% | +4.45% | View data |