Key Market Indicators
Hungarian spirits production is projected to decline slightly, reaching €191 million by 2028 from €193 million in 2023. This represents an average annual decrease of 0.1%. Since 2013, the supply of spirits in Hungary has dropped by 5.5% each year. In 2023, Hungary was ranked 10th globally, with Austria leading at €193 million. France, Italy, and Poland followed in the 2nd, 3rd, and 4th positions, respectively. Similarly, Hungarian spirits sales are expected to reach €220 million by 2028, down from €222 million in 2023, marking an average annual decline of 0.1%. Since 2013, the Hungarian market has seen a yearly decrease of 5.4%. In 2023, Hungary held the 10th spot, with Austria again leading the way at €222 million. France, Poland, and Italy occupied the 2nd, 3rd, and 4th places in this ranking. In contrast, spirits consumption in Hungary is set to grow, reaching approximately €286 million by 2028 from €263 million in 2023, reflecting an average annual increase of 1.4%. Demand has risen by 2.6% each year since 2013. In this category, Italy, Spain, and Germany were ranked 2nd, 3rd, and 4th, respectively.
