The 2024 European sold production of wheat groats and meal highlights Italy as the dominant producer, contributing 66.41% of the market in value. Spain follows with 11.76%, showing a significant increase of 7.01% year-on-year. Germany and France occupy the next largest shares at 8.29% and 5.75% respectively, with Germany experiencing a robust 4.75% growth. The rest of Europe holds minor shares, with notable growth in Finland (8.76%) and Denmark (9.44%) indicating potential emerging markets. Conversely, Austria and Serbia faced significant declines of 18.12% and 6.18% respectively, indicating market contraction.
Future trends to watch in the European wheat groats and meal market include potential market shifts towards countries with notable year-on-year growth such as Spain, Finland, and Denmark. Markets facing declines, particularly Austria and Serbia, may seek strategies for stabilization and recovery. Tracking these dynamics will provide insights into changing competitive landscapes and opportunities for market entrants.
Top countries in Sold Production of Wheat Groats and Meal Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 66.41 | 2023 | +1.88% | -2.95% | View data |
| 2 | 2 Spain | 11.76 | 2023 | +3.61% | +7.01% | View data |
| 3 | 3 Germany | 8.29 | 2023 | -0.35% | +4.75% | View data |
| 4 | 4 France | 5.75 | 2023 | -3.68% | +1.48% | View data |
| 5 | 5 Hungary | 1.27 | 2023 | +3.86% | +6.56% | View data |
| 6 | 6 Austria | 0.7 | 2023 | -4.02% | -18.12% | View data |
| 7 | 7 Greece | 0.63 | 2023 | -5.57% | -1.68% | View data |
| 8 | 8 Finland | 0.48 | 2023 | +7.66% | +8.76% | View data |
| 9 | 9 Denmark | 0.37 | 2023 | +4.08% | +9.44% | View data |
| 10 | 10 Serbia | 0.36 | 2023 | -1.38% | -6.18% | View data |
