Key Market Indicators
Soft drink revenue in Cyprus rose 7.2% in 2019 to €16 million, up from €15.3 million the previous year. Despite this uptick, the market has been in decline since 2013, dropping 2.3% annually. Cyprus was ranked 27th in 2019, with Estonia surpassing them with €16 million. Germany, the United Kingdom and Spain occupied the top three spots in the ranking.