The frozen potatoes market in the Czech Republic demonstrated a steady decline in value from 63.182 million euros in 2013 to 49.818 million euros in 2023. The year-on-year decline was more pronounced from 2014 to 2015. From 2019 to 2023, the market showed a consistent decrease with a CAGR of -1.19%, indicating a gradual contraction over the last five years.
- Year-on-year decline persisted from 2022 to 2023, shedding 1.19% of its value.
- The 5-year CAGR reflects a steady decline, emphasizing a shrinking market.
Future trends to watch include increasing consumer demand for fresh alternatives and potential innovations in product development that might counteract the market's contraction. Monitoring shifts towards healthier eating habits and the adoption of sustainable practices could also provide opportunities for growth in this market segment.
How does the Czech Republic rank in Frozen Potatoes Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 717,550,000 | 2023 | +0.78% | +1.62% | View data |
| 2 | 2 Netherlands | 584,490,000 | 2023 | +3.49% | +1.95% | View data |
| 3 | 3 Spain | 268,180,000 | 2023 | +0.83% | -1.79% | View data |
| 4 | 4 Poland | 161,230,000 | 2023 | +3.32% | +3.83% | View data |
| 5 | 5 Sweden | 112,130,000 | 2023 | +2.3% | +2.51% | View data |
| 9 | 9 Hungary | 78,429,000 | 2023 | +4.24% | +4.46% | View data |
| 10 | 10 Denmark | 59,442,000 | 2023 | -1.54% | -1.72% | View data |
| 11 | 11 Czech Republic | 49,818,000 | 2023 | -1.19% | -1.19% | |
| 12 | 12 Croatia | 31,983,000 | 2023 | +4.45% | +5.26% | View data |
| 13 | 13 Bulgaria | 27,745,000 | 2023 | +2.98% | +0.19% | View data |
