Between 2012 and 2022, the roasted decaffeinated coffee market in Spain experienced overall growth. Starting from a value of 195.89 million Euros in 2012, the market saw both periods of decline and notable upswings. Significant growth was observed between 2013 and 2014 (29.32%) and again in 2017 and 2018 (12.42%). The market reached 312.89 million Euros by 2022.
Year-on-year variations in 2022 and 2021 show moderate increases, with 2.58% and 4.85% respectively. The Compound Annual Growth Rate (CAGR) over the last five years was 3.52%.
Looking ahead, future trends to watch for include innovations in coffee flavorings, growing consumer awareness about health benefits, and potential market shifts due to changing consumer preferences towards sustainable and ethically-sourced products. Monitoring these factors will help predict future market movements.
How does Spain rank in Roasted Decaffeinated Coffee Market Size Value?
# | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Spain | 357,730,000 | 2023 | +4.31% | +3.87% | |
2 | 2 France | 134,320,000 | 2023 | +1.42% | +2.11% | View data |
3 | 3 United Kingdom | 57,329,000 | 2023 | +1.24% | +0.8% | View data |
4 | 4 Belgium | 51,184,000 | 2023 | -4.11% | -0.95% | View data |
5 | 5 Portugal | 25,951,000 | 2023 | -0.15% | +0.072% | View data |