In 2023, France leads the European Bakery Products Production Index with a value of 11.23 (in thousands, 2015=100), followed by Greece at 10.88, Italy at 10.43, Spain at 9.86, and Germany at 9.45. Year-on-year variations from 2022 to 2023 indicate growth in France and Greece by 1.98% and 2.14%, respectively, and marginal growth in Italy by 0.21%. Spain and Germany experienced declines of 1.27% and 1.78%, respectively. The average Compound Annual Growth Rate (CAGR) over the last five years highlights a modest upward trend for France and Greece while depicting stagnation or decline for the rest.
Future trends to watch for:
- Innovation in production techniques to boost efficiency and growth.
- Rising demand for healthier and artisanal bakery products.
- Economic influences impacting consumption and production capacity.
- Potential policy changes within the EU affecting trade and industry standards.
- Sustainability practices gaining importance in production processes.
Top countries in Bakery Products Production Index by Country
| # | 5 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 112.3 | 2022 | +4.17% | +1.98% | View data |
| 2 | 2 Greece | 108.8 | 2022 | +11.7% | +2.14% | View data |
| 3 | 3 Italy | 104.3 | 2022 | -3.96% | +0.21% | View data |
| 4 | 4 Spain | 98.6 | 2022 | +4.01% | -1.27% | View data |
| 5 | 5 Germany | 94.5 | 2022 | -1.56% | -1.78% | View data |
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