In 2024, Hungary recorded the highest HICP for breakfast cereals among European countries, with a forecasted value that stands significantly above others. Year-on-year variations from 2022 highlight a notable increase in countries like Hungary (10.18%), Latvia (8.28%), and Lithuania (6.31%), while many others like Serbia, Slovakia, and Estonia observed no change. Emerging markets like Macedonia and Poland show moderate growth, suggesting a rising trend in these regions. Over the past five years, the compound annual growth rate shows diverse developments across Europe, with Eastern and Central European countries experiencing higher increments compared to Western counterparts.
Future trends to watch include:
- Potential inflationary pressures continuing to influence cereal prices, especially in economically volatile regions.
- Consumer preferences shifting towards health-conscious and organic options, potentially driving market dynamics differently across countries.
- Trade policies and supply chain disruptions that might affect cereal pricing and availability, particularly post-Brexit and amidst geopolitical tensions.
Top countries in Breakfast Cereals HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 148.52 | 2022 | +26.97% | +10.18% | View data |
| 2 | 2 Serbia | 140.4 | 2022 | +14.05% | View data | |
| 3 | 3 Lithuania | 138.34 | 2022 | +25.38% | +6.31% | View data |
| 4 | 4 Slovakia | 136.99 | 2022 | +21.51% | View data | |
| 5 | 5 Croatia | 135.83 | 2022 | +15.85% | View data | |
| 6 | 6 Macedonia | 128.2 | 2022 | +14.18% | +6.87% | View data |
| 7 | 7 Latvia | 127.22 | 2022 | +12.64% | +8.28% | View data |
| 8 | 8 Estonia | 125.46 | 2022 | +14.04% | View data | |
| 9 | 9 Poland | 124.6 | 2022 | +10.27% | +6.01% | View data |
| 10 | 10 Romania | 124.57 | 2022 | +12.27% | View data |
