The wheat and meslin flour market in Croatia has been experiencing a consistent decline from 2013 to 2023, with the market value reducing from 147.02 million euros to 95.625 million euros. Particularly in the last two years, the market has witnessed a sharp downward trend with year-on-year decreases of 5.57% in 2022 and 5.84% in 2023. Additionally, over the past five years, the compound annual growth rate stood at -3.71%, indicating an ongoing contraction in the market.
For future trends:
- To monitor potential stabilization or reversal in demand, keep an eye on domestic production policies or import regulations.
- Watch for changing consumer preferences towards alternative grains due to health trends, which may influence demand.
- Monitor economic factors and purchasing power, which could affect flour consumption in Croatia.
How does Croatia rank in Wheat or Meslin Flour Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,777,500,000 | 2023 | +1.5% | +1.28% | View data |
| 2 | 2 Italy | 2,108,400,000 | 2023 | -4.15% | -1.81% | View data |
| 3 | 3 Germany | 2,094,500,000 | 2023 | -1.05% | +1.17% | View data |
| 4 | 4 United Kingdom | 1,770,000,000 | 2023 | -0.8% | +0.38% | View data |
| 5 | 5 Spain | 1,521,300,000 | 2023 | +0.11% | -0.26% | View data |
| 17 | 17 Bulgaria | 135,120,000 | 2023 | -1.77% | -2.5% | View data |
| 18 | 18 Slovakia | 117,630,000 | 2023 | +3.11% | +2.08% | View data |
| 19 | 19 Croatia | 95,625,000 | 2023 | -5.84% | -3.71% | |
| 20 | 20 Finland | 81,583,000 | 2023 | -2.55% | -2.02% | View data |
| 21 | 21 Lithuania | 55,942,000 | 2023 | -2.25% | -0.93% | View data |