The processed milk market in Hungary saw a significant increase in per capita value from 2013 to 2019, peaking at €27.61. However, from 2020 to 2023, there was a decline, settling at €23.54 in 2023. The last two years showed consecutive year-on-year decreases, while the last 5-year compound annual growth rate (CAGR) reflected a negative trend, marking -3.39% on average per year.
Looking forward, future trends to observe include potential impacts of health trends favoring plant-based beverages, economic factors influencing consumer spending, and any shifts in agricultural policy that may affect milk production and pricing dynamics in Hungary.
How does Hungary rank in Processed Milk Market Size Value Per Capita?
| # | 17 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 105.19 | 2023 | View data | ||
| 2 | 2 Croatia | 82.63 | 2023 | View data | ||
| 3 | 3 United Kingdom | 71.22 | 2023 | View data | ||
| 4 | 4 Denmark | 70.54 | 2023 | View data | ||
| 5 | 5 Italy | 68.58 | 2023 | View data | ||
| 13 | 13 Poland | 29.77 | 2023 | View data | ||
| 14 | 14 Romania | 28.48 | 2023 | View data | ||
| 15 | 15 Hungary | 23.54 | 2023 | |||
| 16 | 16 Slovakia | 20.18 | 2023 | View data | ||
| 17 | 17 Bulgaria | 18.36 | 2023 | View data | ||
