In 2023, Macedonia led the European coffee machine and tea-maker appliance market with a HICP of 13.0, closely followed by the Netherlands and Serbia. Notably, Denmark, Bulgaria, Slovenia, Portugal, and Poland show negative year-on-year variations indicating a decline in HICP growth. Macedonia recorded the highest year-on-year increase at 5.47%, emphasizing rapid price inflation in these appliances.
Future trends suggest a potential slowdown in growth rates for mature markets due to economic stabilization. Watch for shifts towards energy-efficient appliances and smart technology, which could drive market changes and influence the HICP in various European countries.
Top countries in Coffee Machines, Tea-Makers Appliances HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Macedonia | 130 | 2022 | +13.29% | +5.47% | View data |
| 2 | 2 Netherlands | 118.97 | 2022 | +8.21% | +2.54% | View data |
| 3 | 3 Serbia | 118.3 | 2022 | +10.66% | View data | |
| 4 | 4 Estonia | 118.14 | 2022 | +9.01% | View data | |
| 5 | 5 Norway | 115 | 2022 | View data | ||
| 6 | 6 Romania | 114.59 | 2022 | +4.04% | View data | |
| 7 | 7 Croatia | 113.67 | 2022 | +3.75% | View data | |
| 8 | 8 France | 112 | 2022 | +11.43% | +2.2% | View data |
| 9 | 9 Hungary | 111.39 | 2022 | +8.52% | +2.8% | View data |
| 10 | 10 Latvia | 110.74 | 2022 | +8.52% | +3.77% | View data |
