Between 2013 and 2023, the per capita tea consumption in Latvia showed a steady declining trend, decreasing from 0.25 kilograms in 2013 to 0.14 kilograms in 2023. Over the last two years, the year-on-year variations were stagnant at 0.14 kilograms in both 2022 and 2023, showing no further decline. The five-year Compound Annual Growth Rate (CAGR) reveals an average annual decline, highlighting a consistent drop in consumption over this period.
Looking forward, future trends in the Latvian tea market might include a stabilization or potential revitalization if new consumer preferences such as health-conscious trends or the introduction of innovative tea products and flavors gain traction. Monitoring changes in consumption behavior, import strategies, and economic influences will be crucial for predicting future market directions.
| # | 12 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 0.42 | 2023 | View data | ||
| 2 | 2 Germany | 0.3 | 2023 | View data | ||
| 3 | 3 Estonia | 0.23 | 2023 | View data | ||
| 4 | 4 Sweden | 0.23 | 2023 | View data | ||
| 5 | 5 Czech Republic | 0.21 | 2023 | View data | ||
| 8 | 8 Romania | 0.16 | 2023 | View data | ||
| 9 | 9 Finland | 0.14 | 2023 | View data | ||
| 10 | 10 Latvia | 0.14 | 2023 | |||
| 11 | 11 Spain | 0.07 | 2023 | View data | ||
| 12 | 12 Croatia | 0.027 | 2023 | View data | ||
