Based on the provided data, the per capita consumption of coffee in Denmark is forecasted to slightly decline from 2024 onwards. In 2024, the consumption stands at 6.43 kilograms per capita. By 2028, it is expected to decrease to 6.02 kilograms per capita. Reviewing the year-on-year variations:
- From 2024 to 2025: -1.71%
- From 2025 to 2026: -1.58%
- From 2026 to 2027: -1.61%
- From 2027 to 2028: -1.63%
The forecasted Compound Annual Growth Rate (CAGR) over the period 2024-2028 is approximately -1.63%, indicating a gradual decline in coffee consumption per capita.
In terms of trends to watch for, consider factors such as evolving consumer preferences, potential shifts towards alternative beverages, and demographic changes. Additionally, keep an eye on economic factors and potential health trends that could influence the coffee market in Denmark over the forecast period.
