The husked rice market in France reached a value of 114.6 million euros in 2023, marking a slight year-on-year increase of 2.26%. Over the past decade, the market exhibited fluctuations, peaking in 2021 with the highest growth of 13.71% before a subsequent decline in 2022. The compound annual growth rate (CAGR) over the past five years shows a modest growth rate of 2.7%, indicating an overall stable market with some volatility.
Looking ahead, future trends to watch for include potential shifts in consumer preferences towards sustainable and locally-sourced rice, as well as the impact of global supply chain issues and climate change on rice production and prices. Additionally, regulatory changes and trade policies could further influence market dynamics. Continued focus on innovation and diversification of rice products could also spur growth opportunities in the sector.
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 114,600,000 | 2023 | +2.26% | +2.7% | |
| 2 | 2 Germany | 79,617,000 | 2023 | +0.22% | +8.42% | View data |
| 3 | 3 Portugal | 72,265,000 | 2023 | +0.25% | +4.1% | View data |
| 4 | 4 Sweden | 9,238,200 | 2023 | -1.03% | +2.88% | View data |
| 5 | 5 Finland | 1,742,400 | 2023 | +1.16% | +1.6% | View data |
