The Cider and Fruit Wines market in Finland exhibited a consistent decline from 2013 to 2023, with market value decreasing from 144.81 million Euros in 2013 to 63.562 million Euros in 2023. Year-on-year decline was particularly notable, with significant reductions observed, especially over the past two years at over 10%. The compound annual growth rate (CAGR) from 2019 to 2023 was -9.06%, indicating a steady downward trend over the last five years.
Future trends to watch for include:
- Potential revival driven by innovation in flavor profiles and packaging.
- Increasing consumer interest in organic and locally sourced ingredients.
- Impact of global economic conditions on consumer spending patterns.
How does Finland rank in Cider and Fruit Wines Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,974,700,000 | 2023 | +0.95% | +0.44% | View data |
| 2 | 2 Germany | 884,470,000 | 2023 | +3.06% | +3.59% | View data |
| 3 | 3 France | 167,550,000 | 2023 | +0.28% | +1.1% | View data |
| 4 | 4 Poland | 119,430,000 | 2023 | -1.17% | -2.07% | View data |
| 5 | 5 Spain | 90,393,000 | 2023 | -0.89% | +0.31% | View data |
| 6 | 6 Finland | 63,562,000 | 2023 | -11.52% | -9.06% | |
| 7 | 7 Czech Republic | 44,992,000 | 2023 | +5.94% | +5.94% | View data |
| 8 | 8 Lithuania | 36,490,000 | 2023 | -4.9% | +0.72% | View data |
