The dairy products market in Portugal has shown a decreasing trend in volume over the past decade, with a few years of marginal recovery. In 2023, the market volume stood at 1.0498 billion kilograms, marking a continual decline from previous years. Significant year-on-year variations have occurred, with a notable drop observed between 2022 and 2023. Additionally, the compound annual growth rate for the last five years reveals an average annual decrease of 2.29%.
Future trends to watch for include changing consumer preferences towards plant-based alternatives, potential policy changes impacting the dairy industry, and technological advancements in dairy production that could influence market dynamics and volume.
How does Portugal rank in Dairy Products Market Size Volume?
| # | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19,403,000,000 | 2023 | -3.06% | +0.27% | View data |
| 2 | 2 Italy | 10,201,000,000 | 2023 | -0.41% | +0.13% | View data |
| 3 | 3 United Kingdom | 9,124,500,000 | 2023 | +0.024% | -1.23% | View data |
| 4 | 4 France | 8,255,900,000 | 2023 | -3.21% | -3.61% | View data |
| 5 | 5 Poland | 4,571,700,000 | 2023 | +0.73% | +0.76% | View data |
| 8 | 8 Austria | 1,305,400,000 | 2023 | +2.26% | +3.47% | View data |
| 9 | 9 Romania | 1,178,400,000 | 2023 | +2.76% | +5.78% | View data |
| 10 | 10 Portugal | 1,049,800,000 | 2023 | -1.43% | -2.29% | |
| 11 | 11 Greece | 1,017,500,000 | 2023 | -0.76% | -1.1% | View data |
| 12 | 12 Finland | 944,830,000 | 2023 | -1.5% | -3.47% | View data |
