The tea market size value per capita in Slovakia fluctuated over the past decade, with a slight decline in 2014 and a peak in 2017 at €5.87. In 2023, it reached €5.48 per capita, showing a gradual recovery from the dip between 2018 and 2020. Year-on-year, the market experienced a 0.19% increase from 2022 to 2023. The five-year compound annual growth rate (CAGR) of 0.96% indicates a slow but steady growth trend in the Slovak tea market from 2019 to 2023.
Future trends to watch include:
- Rising consumer interest in specialty and organic teas could drive growth.
- The impact of health and wellness trends on tea consumption patterns.
- Potential market expansion through online retail channels.