The European market for tea or maté extracts and concentrates is led by Italy and Germany, holding the largest shares. In 2023, Italy increased its share by 7.05%, while Germany's share decreased by 1.13%. The United Kingdom also showed growth with a 6.53% increase. Denmark experienced notable growth of 11.99%, while Croatia saw a significant decline of 26.27%. Other countries had moderate changes, with Romania and Spain showing positive growth, and minimal fluctuations seen in Austria, Bulgaria, and Lithuania.
Future trends to watch include potential shifts in consumer preferences towards organic and health-focused tea products. The demand for sustainable production methods and novel flavors may drive changes in the market shares across European countries. The ongoing economic conditions could also influence production costs and pricing strategies.
Top countries in Sold Production of Tea or Maté Extracts, Essences, Concentrates and Preparations Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 36.27 | 2023 | -0.081% | +7.05% | View data |
| 2 | 2 Germany | 35.92 | 2023 | +6.16% | -1.13% | View data |
| 3 | 3 United Kingdom | 15.14 | 2023 | +4.9% | +6.53% | View data |
| 4 | 4 Romania | 6.46 | 2023 | +4.84% | +4.08% | View data |
| 5 | 5 Austria | 0.85 | 2023 | +0.025% | +1.07% | View data |
| 6 | 6 Denmark | 0.74 | 2023 | +3.26% | +11.99% | View data |
| 7 | 7 Bulgaria | 0.39 | 2023 | +1.04% | +0.12% | View data |
| 8 | 8 Spain | 0.19 | 2023 | -3.25% | +5.67% | View data |
| 9 | 9 Lithuania | 0.081 | 2023 | +3.14% | +2.57% | View data |
| 10 | 10 Croatia | 0.006 | 2023 | -51.37% | -26.27% | View data |
