The Non Wine Vinegar market in Romania showed significant variability between 2013 and 2023, reaching a market size of 10.995 million Euros in 2023. After a minor dip in 2014, the market experienced substantial growth in 2015 and 2017. Recent years have seen more stable growth, with a year-on-year increase of 3.58% in 2023. The compounded annual growth rate over the past five years was 3.04%, indicating consistent expansion.
Future trends to watch include potential market expansion driven by increased health consciousness among consumers, product diversification, and a rising demand in the food service industry. Export opportunities may also contribute to market growth.
How does Romania rank in Non Wine Vinegar Market Size Value?
# | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 201,690,000 | 2023 | +2.71% | +3.87% | View data |
2 | 2 United Kingdom | 133,690,000 | 2023 | +2.9% | +3.62% | View data |
3 | 3 Spain | 28,050,000 | 2023 | +4.97% | +0.4% | View data |
4 | 4 Poland | 15,224,000 | 2023 | -0.81% | -1.37% | View data |
5 | 5 Romania | 10,995,000 | 2023 | +3.58% | +3.04% | |
6 | 6 Bulgaria | 5,807,200 | 2023 | +5.47% | +7.5% | View data |
7 | 7 Lithuania | 2,695,200 | 2023 | +3.14% | +4.93% | View data |