The milled or broken rice market in Spain experienced a notable decline over the past decade. In 2023, the market volume stood at 606.75 million kilograms. From 2013 to 2023, the market showed an inconsistent trend, with a significant downturn starting in 2017. In recent years, the market has faced persistent reductions, with a year-on-year decrease of 3.23% in 2023. The last five-year compound annual growth rate was -3.53%, reflecting a continuous shrinking trend.
Future trends to watch for:
- Changing consumer preferences towards alternative grains could further impact demand.
- Potential regulatory changes in agricultural policy might influence production costs and supply chain dynamics.
- Environmental concerns and climate change effects could alter production capacity.
How does Spain rank in Milled or Broken Rice Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 677,970,000 | 2023 | +2.58% | +3.43% | View data |
| 2 | 2 Spain | 606,750,000 | 2023 | -3.23% | -3.53% | |
| 3 | 3 United Kingdom | 442,350,000 | 2023 | -0.44% | -0.0031% | View data |
| 4 | 4 Germany | 290,870,000 | 2023 | +1.74% | +1.68% | View data |
| 5 | 5 Portugal | 149,590,000 | 2023 | -0.72% | -0.28% | View data |
