From 2012 to 2022, the Soy Sauce Market in Denmark saw fluctuations in its value per capita, peaking at 0.70% Euros per capita in 2013 and dropping to the lowest point of 0.58% in 2017. The years 2018 through 2022 saw a relatively stable trend around the 0.61% mark. On a year-on-year basis, there was a slight decline from 2020 to 2021 by approximately 3.17%, and a stabilization in 2022 with no significant change. The Compound Annual Growth Rate (CAGR) over the last five years stands at approximately 0.65%, indicating a slow but steady increase in market value from 2017 to 2022.
Looking forward, key trends to watch include consumer preferences for healthier and organic alternatives, potential new product introductions, and the impact of economic factors on household expenditures. Monitoring these trends will provide insights into the Soy Sauce market's potential growth or contraction in Denmark.
How does Denmark rank in Soya Sauce Market Size Value Per Capita?
# | 6 Countries | Euros Per Capita | Last Year | |
---|---|---|---|---|
1 | 1 Sweden | 1.64 | 2023 | View data |
2 | 2 Estonia | 1 | 2023 | View data |
3 | 3 France | 0.93 | 2023 | View data |
4 | 4 Denmark | 0.57 | 2023 | |
5 | 5 Spain | 0.57 | 2023 | View data |
6 | 6 Lithuania | 0.49 | 2023 | View data |