The Brandy and Cognac market in Finland has seen a consistent decline in per capita value from 2013, starting at 8.64 Euros, to 2023, ending at 4.95 Euros. The year-on-year value declined by 4.44% in 2023 compared to 2022. Over the last five years, the compounded annual growth rate (CAGR) was approximately -4.47%, highlighting a persistent downward trend.
Future trends to watch for include:
- Potential market stabilization if current consumption levels persist.
- New product innovations aimed at capturing consumer interest.
- Shifts in consumer preferences towards local spirits or alternative beverages, impacting overall market size.
- Dynamic trading conditions influenced by economic shifts, impacting import volumes and pricing.
How does Finland rank in Brandy and Cognac Market Size Value Per Capita?
| # | 12 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 9.95 | 2023 | View data | ||
| 2 | 2 Bulgaria | 8.96 | 2023 | View data | ||
| 3 | 3 Portugal | 6.43 | 2023 | View data | ||
| 4 | 4 Finland | 4.95 | 2023 | |||
| 5 | 5 Greece | 3.29 | 2023 | View data | ||
| 6 | 6 Germany | 2.12 | 2023 | View data | ||
