The Bulgarian tea market reached a value of 3.5219 million euros in 2023. Over the last two years, the market showed moderate growth, with a year-on-year increase of 4.27% in 2022 and a slight rise of 4.06% in 2023. The compound annual growth rate (CAGR) over the past five years was 3.52%, indicating steady growth despite past fluctuations.
Future trends to watch for include:
- Consumer preferences shifting towards premium and flavored teas.
- Increasing health consciousness boosting demand for herbal and health-boosting options.
- Potential market stimulation through innovative packaging and sustainability-focused practices.
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 2,192,900,000,000 | 2023 | +7.39% | +818.99% | View data |
| 2 | 2 United Kingdom | 795,240,000 | 2023 | -2.47% | -0.83% | View data |
| 3 | 3 France | 289,290,000 | 2023 | +3.83% | +3.38% | View data |
| 4 | 4 Germany | 165,930,000 | 2023 | -2.08% | -0.87% | View data |
| 5 | 5 Italy | 100,490,000 | 2023 | -1.46% | +1.33% | View data |
| 12 | 12 Estonia | 6,400,300 | 2023 | -2.7% | -1.39% | View data |
| 13 | 13 Croatia | 3,873,100 | 2023 | +1.79% | +2.48% | View data |
| 14 | 14 Bulgaria | 3,521,900 | 2023 | +4.06% | +3.52% | |
