The vinegar market size value per capita in Spain demonstrated varying trends over the past decade. Between 2012 and 2022, the market showed fluctuations, peaking in 2019 at €2.15 and the lowest value in 2014 at €1.85. Notably, the market rebounded from 2016 onwards, rising to €2.03 and maintaining stability until 2017 at €2.06. However, the value declined slightly in 2018 to €1.93 before recovering to €2.15 in 2019. Post-2019, the market saw a dip to €2.07 in 2020 and further reduced to €1.91 in 2021 before stabilizing at €1.98 in 2022.
The year-on-year variation over the last two years showed a decline, with a -7.73% change from 2020 to 2021, followed by a recovery of 3.66% from 2021 to 2022. Over the past five years, the compound annual growth rate (CAGR) indicates a mixed average trend with minor fluctuations around a relatively stable growth progressing towards 2024.
Future trends to watch for in the vinegar market include potential impacts of changing consumer preferences towards organic and specialty vinegars, innovation in flavor profiles, and increased use in culinary applications. Additionally, sustainability and eco-friendly packaging could significantly influence market dynamics.
How does Spain rank in Vinegar Market Size Value Per Capita?
# | 13 Countries | Euros Per Capita | Last Year | |||
---|---|---|---|---|---|---|
1 | 1 Germany | 3.38 | 2023 | View data | ||
2 | 2 France | 2.86 | 2023 | View data | ||
3 | 3 Croatia | 2.27 | 2023 | View data | ||
4 | 4 United Kingdom | 2.23 | 2023 | View data | ||
5 | 5 Spain | 2.05 | 2023 | |||
6 | 6 Bulgaria | 1.68 | 2023 | View data | ||
7 | 7 Sweden | 1.32 | 2023 | View data | ||