From 2013 to 2023, the tea market in Bulgaria experienced a gradual increase in value per capita, reaching €0.51 in 2023. Notable year-on-year growth occurred in 2015, 2018, and 2021, with healthy increases over the previous year, although minor declines in 2016 and 2020 were observed. Over this period, a consistent upward trend is noticeable, with a CAGR indicating stable annual growth.
Future trends to watch for in Bulgaria's tea market include a potential shift towards premium and specialty teas, driven by increased health consciousness and demand for diverse flavors. Monitoring consumer preferences and adjusting offerings accordingly could provide opportunities for market participants.
# | 14 Countries | Euros Per Capita | Last Year | |||
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 11.65 | 2023 | View data | ||
2 | 2 Lithuania | 7.49 | 2023 | View data | ||
3 | 3 Slovakia | 5.48 | 2023 | View data | ||
4 | 4 Latvia | 5.07 | 2023 | View data | ||
5 | 5 Estonia | 4.93 | 2023 | View data | ||
12 | 12 Italy | 1.63 | 2023 | View data | ||
13 | 13 Croatia | 0.96 | 2023 | View data | ||
14 | 14 Bulgaria | 0.51 | 2023 |