The tea market in Sweden showed fluctuations between 2013 and 2023, with a peak in 2016 at 2.8525 million kilograms. In 2023, the market volume stood at 2.6599 million kilograms. The last two years indicated minor growth with year-on-year increases of 0.37% in 2022 and 0.36% in 2023. Over the past five years, the compound annual growth rate (CAGR) has been 1.44%, signifying steady but modest growth.
Future trends to watch for:
- Growing consumer preference for organic and specialty teas.
- Increased health consciousness driving demand for green teas.
- Potential market expansion through innovative products and packaging.
# | 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% | |
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 |