The Romanian Skimmed Milk and Cream Powder market has experienced a consistent decline between 2013 and 2023, with the market size decreasing from 19.774 million euros to 14.094 million euros. In 2023, the market stood at 14.094 million euros in value terms. Year-on-year variations have mostly been negative, with the largest drop of 10.7% in 2015. Over the last two years, the market contracted slightly by around 1.9% annually. The five-year compounded annual growth rate (CAGR) reflects a negative growth trend, averaging -1.48% per year.
Future trends to watch for in the Romanian market could include:
- Increased consumer preference for dairy alternatives may further impact market size.
- Potential stabilization or growth due to innovations in product formulations targeting health-conscious consumers.
- Fluctuations in international trade policies affecting imports and exports of dairy products.
How does Romania rank in Skimmed Milk and Cream Powder Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 477,780,000 | 2023 | -1.19% | -3.27% | View data |
| 2 | 2 Poland | 350,700,000 | 2023 | +4.23% | +4.9% | View data |
| 3 | 3 Italy | 308,300,000 | 2023 | +1.9% | +2.65% | View data |
| 4 | 4 Austria | 19,393,000 | 2023 | -3.64% | -4.96% | View data |
| 5 | 5 Romania | 14,094,000 | 2023 | -1.92% | -1.48% | |
| 6 | 6 Croatia | 11,397,000 | 2023 | -0.4% | +0.55% | View data |
