The ice cream market in Austria has exhibited a fluctuating but generally upward trend in value per capita over the past decade. Starting from €12.7 in 2012, the market dipped slightly, reaching a low of €11.94 in 2014, before a steady increase that peaked at €15.41 in 2019. This spike was followed by a decline to €14.57 in 2020, partly due to external factors such as the pandemic, and a slight recovery to €13.98 in 2021, and €14.38 in 2022.
Year-on-year variations show a notable increase of approximately 6.5% from 2016 to 2017. More recent years saw a decline of around 5.4% from 2019 to 2020 and a recovery with a 2.9% increase from 2021 to 2022. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2022) stands at around 0.9%, illustrating modest yet stable growth.
In 2023, the market is estimated to have increased slightly, maintaining a steady course above the €14 mark. Future trends to monitor include the influence of health-conscious consumer preferences, potential economic impacts, and innovation in ice cream flavors and formats. As we move further into 2024, market resilience and adaptability to changing consumer demands will be crucial driving factors.
How does Austria rank in Ice Cream Market Size Value Per Capita?
| # | 18 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Estonia | 44.47 | 2023 | View data | ||
| 2 | 2 Finland | 37.93 | 2023 | View data | ||
| 3 | 3 Latvia | 34.98 | 2023 | View data | ||
| 4 | 4 Denmark | 30.63 | 2023 | View data | ||
| 5 | 5 Croatia | 29.6 | 2023 | View data | ||
| 11 | 11 Netherlands | 18.54 | 2023 | View data | ||
| 12 | 12 Belgium | 18.52 | 2023 | View data | ||
| 13 | 13 Austria | 14.18 | 2023 | |||
| 14 | 14 Czech Republic | 13.55 | 2023 | View data | ||
| 15 | 15 Poland | 11.83 | 2023 | View data | ||
