The Slovakia Brandy and Cognac market per capita has shown a declining trend from 2013 to 2023, decreasing from 1.41 Euros to 1.26 Euros. The highest value was in 2015 at 1.95 Euros per capita. In 2023, the value stood at 1.26 Euros. The last two years, 2022 and 2023, saw a year-on-year decline of 3.08% and 3.08%, respectively. Over the last five years, the compound annual growth rate (CAGR) averaged a shrinkage of 1.55% per year.
Future trends to watch for include the potential influence of changing consumer preferences towards premiumization and craft spirits, which might slow or reverse the declining trend. Additionally, economic fluctuations and evolving legislation on import duties could significantly impact market dynamics.
How does Slovakia 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 | View data | ||
| 5 | 5 Greece | 3.29 | 2023 | View data | ||
| 7 | 7 United Kingdom | 1.94 | 2023 | View data | ||
| 8 | 8 Croatia | 1.67 | 2023 | View data | ||
| 9 | 9 Slovakia | 1.26 | 2023 | |||
| 10 | 10 Denmark | 1.13 | 2023 | View data | ||
| 11 | 11 Sweden | 1.05 | 2023 | View data | ||
