The wine vinegar market in Sweden has experienced several fluctuations over the past decade. From a value of 6.4722 million Euros in 2012, the market saw strong growth in 2013 by 28.02%, reaching a peak of around 8.2854 million Euros. The following years displayed moderate variations, including slight declines and increases, but managed to maintain an overall stability around the 8 million Euro mark. Notably, there was a significant drop in 2017 by 7.89%, but the market recovered in 2019. The last two years, 2021 and 2022, showed a decrease of 2.5% and an increase of 2.38% respectively, culminating in a market value of 8.0656 million Euros in 2022. The Compound Annual Growth Rate (CAGR) over the last five years stands at 1.37%.
Looking forward, key trends to watch for include potential impacts of economic fluctuations, changing consumer preferences towards organic and premium vinegars, and emerging market competitors. Additionally, the trend towards health and wellness may drive demand for wine vinegar as a natural product with purported health benefits.
# | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Spain | 69,790,000 | 2023 | -0.11% | -0.02% | View data |
2 | 2 Germany | 59,877,000 | 2023 | -1.01% | -0.82% | View data |
3 | 3 France | 50,428,000 | 2023 | +0.12% | -1.02% | View data |
4 | 4 Austria | 14,745,000 | 2023 | +3.49% | +3.55% | View data |
5 | 5 Sweden | 8,487,600 | 2023 | +2.79% | +1.11% | |
6 | 6 Romania | 7,886,300 | 2023 | +3.69% | +1.33% | View data |
7 | 7 Bulgaria | 4,687,900 | 2023 | +1.3% | +2.53% | View data |