The Orange Juice Market in Sweden has experienced volatility over the past decade. Between 2012 and 2015, the market size saw consistent declines with significant drops in 2014 and 2015. However, a notable recovery occurred in 2016, followed by a peak in 2017. Despite some fluctuations, the years 2018 through 2022 saw a general downward trend with the market value sitting at 132.25 Million Euros in 2022.
The market exhibited a mixed pattern of growth and contraction with variations as follows:
- 2016 saw a significant positive year-on-year growth of 13.24%, followed by a moderate 5.76% in 2017.
- 2018 witnessed a decline of 4.53%, leading to a drastic drop of 16.63% in 2019.
- In 2020 and 2021, the market showed slight recoveries with increases of 3.84% and 3.7% respectively.
- 2022 marked a decline again with a drop of 2.15% year-on-year.
Over the last five years, the Compound Annual Growth Rate (CAGR) demonstrated negative growth at -3.46%, indicating a shrinking market.
Future trends to watch for include potential shifts towards healthier beverage choices, sustainability impacts on production and supply chains, as well as changes in consumer preferences influenced by economic conditions and dietary trends. These factors could play significant roles in shaping the market size and growth in the coming years.
How does Sweden rank in Orange Juice Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,464,400,000 | 2023 | +0.13% | -0.7% | View data |
| 2 | 2 United Kingdom | 1,190,300,000 | 2023 | +1.77% | +0.45% | View data |
| 3 | 3 Germany | 1,123,900,000 | 2023 | -0.1% | -2.46% | View data |
| 4 | 4 Spain | 437,800,000 | 2023 | +0.79% | +0.66% | View data |
| 5 | 5 Poland | 306,570,000 | 2023 | +4.01% | +2.09% | View data |
| 6 | 6 Sweden | 134,770,000 | 2023 | -0.13% | -2.19% | |
| 7 | 7 Finland | 108,640,000 | 2023 | +2.04% | +3.26% | View data |
| 8 | 8 Denmark | 103,510,000 | 2023 | +0.79% | -0.69% | View data |
