The Estonian vinegar market saw a fluctuating trend from 2013 to 2023, reaching a market size of 728.96 thousand Euros in 2023. The market experienced negative growth in early years with some volatility and rebounded strongly from 2019 onwards. Noticeable momentum occurred in 2021 with over 12% year-on-year growth, followed by a continued positive trend. A noticeable increase in the compound annual growth rate was observed over the last five years, indicating a stabilizing market. Year-on-year percentage variations showed a significant rebound in market value, especially in recent years.
Future trends to watch for in the Estonian vinegar market include:
- Continued innovation in vinegar product lines and flavors.
- Increased consumer demand for organic and health-focused vinegar varieties.
- Potential shifts in consumer preferences influenced by lifestyle and dietary changes.
- Growth of e-commerce and online shopping impacting traditional sales channels.
How does Estonia 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 |
11 | 11 Denmark | 5,481,900 | 2023 | +0.36% | -0.91% | View data |
12 | 12 Lithuania | 3,138,200 | 2023 | +3.19% | +4.9% | View data |
13 | 13 Estonia | 728,960 | 2023 | +2.67% | +3.5% |