The Non Wine Vinegar market size in Estonia has seen a consistent decline since 2013, dropping from 478.8 thousand euros to 336.58 thousand euros in 2023. Between 2013 and 2023, the market experienced fluctuations, with a notable dip in 2016 but a brief recovery in 2017. The past five years have witnessed an average annual decline of approximately 3.54% CAGR, with the last two years showing significant reductions of 7.47% and 6.32%, respectively.
Future trends to watch for:
- Expansion into niche vinegar varieties could drive growth and market diversification.
- Increasing demand for organic and health-focused products may influence market dynamics.
- Potential economic recovery or shifts in consumer spending behavior could stabilize the market.
How does Estonia rank in Non Wine Vinegar Market Size Value?
# | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 201,690,000 | 2023 | +2.71% | +3.87% | View data |
2 | 2 United Kingdom | 133,690,000 | 2023 | +2.9% | +3.62% | View data |
3 | 3 Spain | 28,050,000 | 2023 | +4.97% | +0.4% | View data |
4 | 4 Poland | 15,224,000 | 2023 | -0.81% | -1.37% | View data |
5 | 5 Romania | 10,995,000 | 2023 | +3.58% | +3.04% | View data |
6 | 6 Bulgaria | 5,807,200 | 2023 | +5.47% | +7.5% | View data |
7 | 7 Lithuania | 2,695,200 | 2023 | +3.14% | +4.93% | View data |
8 | 8 Estonia | 336,580 | 2023 | -6.32% | -3.54% |