The vinegar market in Romania stood at a value of 18.658 million Euros in 2023. Over the past decade, the market has experienced fluctuations, with notable increases in 2015 and 2017. Despite some decline in 2016 and 2018, the market demonstrated resilience with a consistent upward trend in more recent years, marked by a 2.85% year-on-year growth in 2023. The Compound Annual Growth Rate (CAGR) over the last five years is 2.06%, indicating a steady growth trajectory.
Looking ahead, potential trends to watch include increased consumer preference for organic and artisanal vinegars, possibly accelerating market growth. Moreover, innovations in packaging and flavors may further enhance market appeal and segmentation.
How does Romania rank in Vinegar Market Size Value?
# | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 291,210,000 | 2023 | +4.33% | +3.58% | View data |
2 | 2 France | 192,880,000 | 2023 | +2.51% | +2.79% | View data |
3 | 3 United Kingdom | 150,130,000 | 2023 | +2.42% | +3.8% | View data |
4 | 4 Spain | 101,510,000 | 2023 | +1.36% | +2.37% | View data |
5 | 5 Poland | 28,411,000 | 2023 | +0.85% | +2.77% | View data |
6 | 6 Romania | 18,658,000 | 2023 | +2.85% | +2.06% | |
7 | 7 Sweden | 13,687,000 | 2023 | +1.97% | +1.34% | View data |
8 | 8 Bulgaria | 10,710,000 | 2023 | +3.93% | +5.53% | View data |