Key Market Indicators
Hungary's spirits production is predicted to drop by 1.4% year on year, from €194.27 million in 2021 to €181.23 million by 2026. This follows a 2.5% year on year decline since 2013, resulting in the country dropping from tenth place to eleventh place in 2021, with Bulgaria overtaking with €194.27 million. France, Italy, and Poland held the top three spots. Spirits sales in Hungary are expected to decrease by 1.4% year on year, from €221.16 million in 2021 to €206.81 million by 2026. This follows a 2.7% year on year decline since 2013, resulting in the country dropping from eighth place to ninth place in 2021, with Finland overtaking with €221.16 million. France, Poland, and Italy held the top three spots. Consumption of spirits in Hungary is predicted to increase by 1.3% year on year, from €240.6 million in 2020 to €263.57 million by 2026. This follows a 0.7% year on year jump since 2013, resulting in Poland, Italy and Germany taking the top three spots.
Hungary Spirits Market Data and Forecasts
What is the size of the Hungarian Spirits Market in 2022?
More in Spirits Industry in major countriesHow much will Hungary Spirits Market grow to 2026?
More in Spirits Industry for 2028Improve your Knowledge with the latest Indicators and Trends
-
Spirits Sector: Comparing Pernod Ricard and Rémy Cointreau's Global Involvement
Pernod Ricard and Rémy Cointreau both play a major role in the Spirits sector but they operate on different scales. Pernod Ricard is the world's second largest spirits company with a broad portfolio of known brands like Absolut Vodka and Jameson Irish Whiskey. Rémy Cointreau, however, is a smaller player,...
Discover more insights -
Spirits Market Overview: Unveiling Size & Trends Across the Globe
Globally, the spirits market displays robust growth, due to a variety of interconnecting factors. The industry's rising popularity can be credited to changing consumer preferences and an increasing inclination towards premium and ultra-premium products. The proliferation of craft distilleries, particularly across developed markets, has further expanded the market. Emerging economies...
Discover more insights -
Spirits Industry: Comprehensive Analysis on Global Market Size Trends and Analysis
The global spirits market, encompassing a variety of alcoholic beverages including whiskey, vodka, rum, tequila and others, represents a significant sector within the worldwide economy. Current estimations place the value of this market in the hundreds of billions USD, clearly indicating its commercial significance.
Discover more insights -
Spirits Sector: Comprehensive Analysis of Distinct Global Trends and Developments
The international alcohol marketplace, particularly spirits, is witnessing a shift driven by a blend of economic, demographic and sociocultural factors. Increasing disposable income and a growing middle-class population worldwide are fueling the demand for high-end and premium spirits. Concurrently, health consciousness is driving the trend towards low-alcohol or alcohol-free alternatives,...
Discover more insights -
Chemical Industry: Exploring the Astronomical Growth Prospects in the Oxo Alcohol Market
Considerable growth is anticipated for the oxo alcohol market, with key driving factors being increased demand for plasticizers and acrylates in various industries. Given that oxo alcohol is a raw material for these products, higher demand directly correlates to an expanding oxo alcohol market. Furthermore, the rise in the production...
Discover more insights