In 2023, Spain led with a sold production value of flours and meals of oil seeds or oleaginous fruits at €70.5, showing a growth of 2.96% from the previous year. Italy followed with €21.44, yet faced a decrease of 11.87%. Greece and Finland saw positive trends, growing by 8.79% and 22.03%, respectively. Conversely, Serbia, Portugal, and Hungary experienced declines, with Serbia dropping by 1.75%, Portugal by 10.84%, and Hungary by 5.31%. The cumulative trend over five years indicates varied CAGR across these countries, highlighting Spain’s strength and Finland’s emerging growth.
Future trends may involve further growth in Spain and Finland, driven by innovations in agricultural practices and increasing demand for organic products. Countries experiencing declines might need strategic market interventions to reverse trends, potentially leveraging government policies and technological advancements. The overall European market for flours and meals of oil seeds or oleaginous fruits could become more competitive, fostering collaboration among member states to improve market share.
Top countries in Sold Production of Flours and Meals of Oil Seeds or Oleaginous Fruits Share by Country (Euros)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 70.5 | 2023 | +0.057% | +2.96% | View data |
| 2 | 2 Italy | 21.44 | 2023 | +0.45% | -11.87% | View data |
| 3 | 3 Greece | 3.3 | 2023 | +4.45% | +8.79% | View data |
| 4 | 4 Finland | 2.87 | 2023 | +14.97% | +22.03% | View data |
| 5 | 5 Serbia | 0.72 | 2023 | -2.73% | -1.75% | View data |
| 6 | 6 Portugal | 0.46 | 2023 | -5.31% | -10.84% | View data |
| 7 | 7 Hungary | 0.14 | 2023 | -5.56% | -5.31% | View data |
