The Romanian dairy products market saw substantial growth in per capita value from 61.38 Euros in 2013 to 150.53 Euros in 2023. A significant surge was noted between 2020 and 2021, with a year-on-year increase of 9.85%. The growth increment remained strong in 2022, reaching 7.66%, and continued to a more moderate 7.07% in 2023. Over the past five years, the market's Compound Annual Growth Rate (CAGR) was noteworthy, highlighting the increased consumer spending or pricing in dairy products.
Future trends to watch:
- Shifts towards plant-based or organic dairy alternatives as consumer preferences evolve.
- The impact of economic factors such as inflation on purchasing power and dairy consumption.
- Innovations in dairy production technology that may drive efficiency and lower costs.
- Regulatory changes in the EU affecting dairy production and exports.
How does Romania rank in Dairy Products Market Size Value Per Capita?
| # | 19 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 433.47 | 2023 | View data | ||
| 2 | 2 France | 398.35 | 2023 | View data | ||
| 3 | 3 Italy | 395.54 | 2023 | View data | ||
| 4 | 4 Lithuania | 372.35 | 2023 | View data | ||
| 5 | 5 Austria | 273.47 | 2023 | View data | ||
| 17 | 17 Bulgaria | 179.81 | 2023 | View data | ||
| 18 | 18 Hungary | 167.75 | 2023 | View data | ||
| 19 | 19 Romania | 150.53 | 2023 | |||
