The Butter and Dairy Spreads Market in Slovakia showed variability from 2013 to 2023. Starting at 95.992 million Euros in 2013, it reached 172.28 million Euros in 2023. The market experienced significant growth, especially in 2017 and 2018, but faced fluctuations in subsequent years. The five-year CAGR was low at 0.85%, reflecting a moderate growth rate. The year-on-year variation has shown recent positive momentum with a 4.16% increase in 2023.
Future trends to watch for include:
- Potential shifts in consumer preferences towards plant-based alternatives
- Inflationary pressures impacting production costs and pricing
- Technological advances in dairy production and distribution
How does Slovakia rank in Butter and Dairy Spreads Market Size Value?
| # | 16 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,073,200,000 | 2023 | -0.87% | -0.24% | View data |
| 2 | 2 Austria | 417,950,000 | 2023 | +2.9% | +1.3% | View data |
| 3 | 3 Czech Republic | 399,910,000 | 2023 | +2.58% | +1.38% | View data |
| 4 | 4 Ireland | 292,460,000 | 2023 | -5.05% | -4.6% | View data |
| 5 | 5 Romania | 231,970,000 | 2023 | +4.62% | +5.36% | View data |
| 6 | 6 Slovakia | 172,280,000 | 2023 | +4.16% | +0.85% | |
| 7 | 7 Portugal | 164,770,000 | 2023 | +0.094% | +2.06% | View data |
| 8 | 8 Finland | 135,380,000 | 2023 | +1.01% | -1.75% | View data |
