The Brandy and Cognac market size value per capita in Denmark showed fluctuation between 2013 and 2023, with a peak in 2014 and a general decline thereafter. By 2023, the market value stood at 1.13 Euros per capita. Year-on-year variations showed a significant drop in 2020, followed by slight increases in the subsequent years, yet failing to return to pre-2020 levels. Over the last five years, the average annual change (CAGR) indicates a decline in consumption.
Future trends to watch for include:
- Potential market recovery driven by increased premiumization efforts and consumer interest in high-quality cognacs.
- Impact of changing consumer preferences towards local and sustainable products.
- Influence of global economic conditions on disposable income affecting luxury liquor purchases.
How does Denmark 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 | ||
| 8 | 8 Croatia | 1.67 | 2023 | View data | ||
| 9 | 9 Slovakia | 1.26 | 2023 | View data | ||
| 10 | 10 Denmark | 1.13 | 2023 | |||
| 11 | 11 Sweden | 1.05 | 2023 | View data | ||
| 12 | 12 Hungary | 0.6 | 2023 | View data | ||
