The European Sold Production of Tea in Immediate Packings Not Exceeding 3 Kg saw several shifts in 2023, with the United Kingdom maintaining the largest share at 43.59%, despite a slight decline of 1.12%. Poland is notable with a growth of 8.18%, capturing 20.64% of the market. Germany's share was stable with a 1.33% increase, while France grew by 1.91%. The smaller markets like Romania, Slovakia, and Spain experienced moderate growth. However, Italy saw a notable decline of 3.57%, and Croatia showed a sharp drop of 15.23%.
Future trends to watch include:
- Continuing growth potential in Poland as it leverages strong local demand and export capabilities.
- Focus on innovation and premium product offerings in mature markets like the UK and Germany to combat slight declines.
- Emerging markets in Eastern Europe could gain traction with improving manufacturing capabilities and local consumption trends.
Top countries in Sold Production of Tea in Immediate Packings of a Content Not Exceeding 3 Kg Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 43.59 | 2023 | -2.69% | -1.12% | View data |
| 2 | 2 Poland | 20.64 | 2023 | +3.57% | +8.18% | View data |
| 3 | 3 Germany | 15.58 | 2023 | +0.17% | +1.33% | View data |
| 4 | 4 France | 6.89 | 2023 | +2.59% | +1.91% | View data |
| 5 | 5 Netherlands | 4.21 | 2021 | View data | ||
| 6 | 6 Romania | 1.82 | 2023 | +2.92% | +2.57% | View data |
| 7 | 7 Slovakia | 1.43 | 2023 | +1.64% | -0.069% | View data |
| 8 | 8 Spain | 1.06 | 2023 | +4.97% | +1.14% | View data |
| 9 | 9 Serbia | 0.93 | 2023 | +2.04% | +3.15% | View data |
| 10 | 10 Italy | 0.83 | 2023 | +4.24% | -3.57% | View data |
