The tea market in Finland has demonstrated a declining trend over the past decade, reducing from 1.3163 million kilograms in 2013 to 0.79734 million kilograms in 2023. The market exhibited a significant year-on-year decrease in most years, with minimal periods of slight recovery. Over the last two years, the market shrank by 2% year-on-year. The five-year compound annual growth rate (CAGR) was -2.77%, indicating a continued decrease in market size volume.
Future trends to watch include increasing interest in health and wellness products, which may drive demand for niche tea varieties, as well as sustainability pressures potentially reshaping supply chains and consumer preferences towards ethically sourced products.
How does Finland rank in Tea Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24,606,000 | 2023 | -0.36% | -0.16% | View data |
| 2 | 2 Romania | 3,288,600 | 2023 | +3.85% | +4.31% | View data |
| 3 | 3 Spain | 3,228,900 | 2023 | +2.41% | +4.62% | View data |
| 4 | 4 Sweden | 2,659,900 | 2023 | +0.36% | +1.44% | View data |
| 5 | 5 Czech Republic | 2,302,000 | 2023 | +3.85% | +4.27% | View data |
| 7 | 7 Lithuania | 1,147,000 | 2023 | +0.81% | +1.07% | View data |
| 8 | 8 Slovakia | 1,139,200 | 2023 | +0.25% | -4.26% | View data |
| 9 | 9 Finland | 797,340 | 2023 | -2% | -2.77% | |
| 10 | 10 Estonia | 309,260 | 2023 | -3.81% | -3.39% | View data |
| 11 | 11 Latvia | 253,190 | 2023 | -5.67% | -4.9% | View data |
