The tea market in Sweden has experienced a fluctuating growth pattern from 2013 to 2023. By the end of 2023, the market stood at 38.565 million Euros. The period from 2016 to 2018 saw volatility, with significant growth in 2016, followed by a decrease. Recent years show a steady recovery from 2019 to 2023, highlighted by year-on-year increases in 2020 and 2021. The CAGR over the last five years indicates a marginal rise in market size, highlighting a relatively stable tea market.
Future trends to monitor include the influence of health and wellness trends that could drive demand for specialty teas and sustainability concerns pushing organic and ethically sourced tea growth. Additionally, the impact of digital marketing on consumer outreach and the preference shift towards herbal and functional teas might shape the market landscape.
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 2,192,900,000,000 | 2023 | +7.39% | +818.99% | View data |
| 2 | 2 United Kingdom | 795,240,000 | 2023 | -2.47% | -0.83% | View data |
| 3 | 3 France | 289,290,000 | 2023 | +3.83% | +3.38% | View data |
| 4 | 4 Germany | 165,930,000 | 2023 | -2.08% | -0.87% | View data |
| 5 | 5 Italy | 100,490,000 | 2023 | -1.46% | +1.33% | View data |
| 6 | 6 Sweden | 38,565,000 | 2023 | +2.39% | +0.28% | |
| 7 | 7 Slovakia | 31,988,000 | 2023 | +1.18% | +0.29% | View data |
| 8 | 8 Czech Republic | 31,330,000 | 2023 | +1.58% | +0.88% | View data |
