The soft drinks market in Estonia closed at 213.31 million liters in 2023, with a year-on-year growth of 1.22%. This marks a moderated increase compared to the double-digit growth witnessed in 2020. Over the past five years, the market showed an average annual growth rate (CAGR) of 3.84%. Generally, the market has experienced steady growth since 2013, with notable spikes in 2017 and 2018.
Future trends to watch for include a shift towards healthier beverage options and increased innovation in flavors. The impact of environmental sustainability on packaging and production might also influence market dynamics significantly.
How does Estonia rank in Soft Drinks Market Size Volume?
| # | 19 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22,810,000,000 | 2023 | +1.56% | +0.41% | View data |
| 2 | 2 France | 15,616,000,000 | 2023 | +0.67% | +0.96% | View data |
| 3 | 3 Spain | 13,270,000,000 | 2023 | +0.6% | -0.79% | View data |
| 4 | 4 United Kingdom | 12,491,000,000 | 2023 | +1.5% | +1.61% | View data |
| 5 | 5 Poland | 9,276,600,000 | 2023 | +1.69% | +1.05% | View data |
| 17 | 17 Lithuania | 430,900,000 | 2023 | +1.65% | +0.21% | View data |
| 18 | 18 Latvia | 250,740,000 | 2023 | +0.23% | -0.85% | View data |
| 19 | 19 Estonia | 213,310,000 | 2023 | +1.22% | +3.84% | |
