The analysis of the Butter and Dairy Spreads Market Size Value Per Capita in Hungary from 2013 to 2023 reveals a steady upward trajectory. Starting at 7.14 Euros in 2013, the market grew to 10.91 Euros in 2023. Notable increases occurred between 2016 and 2017, and again in 2021 and 2023, despite fluctuations in interim years. The market showed resilience with a strong recovery after declines in 2019 and 2020. As of 2023, the per capita value stood at 10.91 Euros, reflecting continuous growth over the last decade. Year-on-year variations in 2021 and 2022 were 13.72% and 3.12%, respectively, with a compound annual growth rate (CAGR) over the last five years calculated at 2.42%.
Future trends to watch for include consumer preferences shifting towards health-conscious options, potential impacts of dairy production costs, and regulatory changes affecting dairy products in Hungary. Attention should also be paid to the influence of environmental and sustainability concerns on dairy product consumption patterns.
How does Hungary rank in Butter and Dairy Spreads Market Size Value Per Capita?
| # | 16 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 60.31 | 2023 | View data | ||
| 2 | 2 Austria | 42.3 | 2023 | View data | ||
| 3 | 3 Lithuania | 39.9 | 2023 | View data | ||
| 4 | 4 Czech Republic | 35.45 | 2023 | View data | ||
| 5 | 5 Slovakia | 32.08 | 2023 | View data | ||
| 12 | 12 United Kingdom | 15.8 | 2023 | View data | ||
| 13 | 13 Romania | 12.17 | 2023 | View data | ||
| 14 | 14 Hungary | 10.91 | 2023 | |||
| 15 | 15 Bulgaria | 10.9 | 2023 | View data | ||
| 16 | 16 Sweden | 8.37 | 2023 | View data | ||
