The tea market size value per capita in Italy has exhibited fluctuations from 2013 to 2023, reaching 1.63 Euros in 2023. From 2013 to 2022, a notable peak occurred in 2013 with 2.17 Euros, followed by a general decline. The past two years saw a 0.77% year-on-year decrease, while the five-year period leading up to 2023 presents a compound annual growth rate (CAGR) of -1.88%, indicating a downward trend in consumption value per person.
Looking forward, attention should be given to the influence of health trends, sustainability, and premiumization, which may encourage a renewed interest in tea consumption. These factors could potentially spark growth through increasing disposable income and lifestyle changes, despite the current decline.
How does Italy rank in Tea Market Size Value Per Capita?
# | 14 Countries | Euros Per Capita | Last Year | |||
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 11.65 | 2023 | View data | ||
2 | 2 Lithuania | 7.49 | 2023 | View data | ||
3 | 3 Slovakia | 5.48 | 2023 | View data | ||
4 | 4 Latvia | 5.07 | 2023 | View data | ||
5 | 5 Estonia | 4.93 | 2023 | View data | ||
10 | 10 Germany | 1.98 | 2023 | View data | ||
11 | 11 Romania | 1.95 | 2023 | View data | ||
12 | 12 Italy | 1.63 | 2023 | |||
13 | 13 Croatia | 0.96 | 2023 | View data | ||
14 | 14 Bulgaria | 0.51 | 2023 | View data |