The tea market in Slovakia recorded significant fluctuations from 2013 to 2023. In 2023, the market size stood at 1.1392 million kilograms, reflecting a marginal year-on-year increase of 0.25%. The market experienced notable volatility, with a growth till 2016, ending in a peak, then declining sharply post-2018. Over the last five years, the Compound Annual Growth Rate (CAGR) registered a decline of 4.26%, showing a consistent reduction since 2019.
Future trends to watch include the growing popularity of specialty and organic teas, likely to influence a gradual shift in consumption patterns. Also, increased health awareness may support a revival in market interest.
How does Slovakia rank in Tea Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24,606,000 | 2023 | -0.36% | -0.16% | View data |
| 2 | 2 Romania | 3,288,600 | 2023 | +3.85% | +4.31% | View data |
| 3 | 3 Spain | 3,228,900 | 2023 | +2.41% | +4.62% | View data |
| 4 | 4 Sweden | 2,659,900 | 2023 | +0.36% | +1.44% | View data |
| 5 | 5 Czech Republic | 2,302,000 | 2023 | +3.85% | +4.27% | View data |
| 6 | 6 Denmark | 1,248,300 | 2023 | +2.39% | +3.17% | View data |
| 7 | 7 Lithuania | 1,147,000 | 2023 | +0.81% | +1.07% | View data |
| 8 | 8 Slovakia | 1,139,200 | 2023 | +0.25% | -4.26% | |
| 9 | 9 Finland | 797,340 | 2023 | -2% | -2.77% | View data |
| 10 | 10 Estonia | 309,260 | 2023 | -3.81% | -3.39% | View data |
