The Estonian bread market has shown fluctuations over the years, with a noticeable decline in volume from 2013 to 2023, reaching 47.808 million kilograms in 2023. The period witnessed negative Year-on-Year changes, except in 2017 and 2018. The Compound Annual Growth Rate over the last five years was -2.03%, highlighting a downward trend.
Future trends to watch for include the rising demand for artisanal and health-oriented bread products, potential market saturation, and demographic changes affecting consumption patterns. Monitoring these factors will be crucial for anticipating shifts in the bread market.
How does Estonia rank in Bread Market Size Volume?
| # | 23 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,639,200,000 | 2023 | -0.6% | -0.44% | View data |
| 2 | 2 United Kingdom | 2,629,200,000 | 2023 | -0.35% | -0.49% | View data |
| 3 | 3 Spain | 2,022,900,000 | 2023 | +1.64% | +1.48% | View data |
| 4 | 4 France | 1,165,300,000 | 2023 | +0.36% | -0.45% | View data |
| 5 | 5 Poland | 1,123,000,000 | 2023 | -5.58% | -5.07% | View data |
| 21 | 21 Slovenia | 81,438,000 | 2023 | +0.28% | +1.13% | View data |
| 22 | 22 Latvia | 64,931,000 | 2023 | -3.09% | -3.16% | View data |
| 23 | 23 Estonia | 47,808,000 | 2023 | -1.87% | -2.03% | |