The tea market in Spain has experienced varied growth from 2013 to 2023. The market volume in 2023 stood at 3.2289 million kilograms. Over the last decade, significant year-on-year increases occurred in 2016, 2017, and 2019, with the latter marking a 20.42% rise. Recent trends show more modest growth in 2022 and 2023. The compound annual growth rate (CAGR) over the past five years is 4.62%, indicating a healthy upward trend despite some fluctuations.
Future trends to watch for include:
- Increasing demand for health and wellness products, potentially boosting herbal and specialty tea consumption.
- Rising interest in premium and niche tea brands driven by consumer preference for quality and variety.
- Potential market expansion through sustainable and eco-friendly packaging innovations.
- Emergence of e-commerce platforms for broader distribution and consumer reach.
How does Spain rank in Tea Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24,606,000 | 2023 | -0.36% | -0.16% | View data |
| 2 | 2 Romania | 3,288,600 | 2023 | +3.85% | +4.31% | View data |
| 3 | 3 Spain | 3,228,900 | 2023 | +2.41% | +4.62% | |
| 4 | 4 Sweden | 2,659,900 | 2023 | +0.36% | +1.44% | View data |
| 5 | 5 Czech Republic | 2,302,000 | 2023 | +3.85% | +4.27% | View data |
