Key Market Indicators
Estonia's consumption of alcoholic beverages is projected to decline to 28,000 metric tons by 2028, down from 29,000 metric tons in 2023, representing an average annual decrease of 0.3%. This trend has been ongoing since 2019, with a year-on-year decrease of 0.7%. In the global ranking for 2023, Estonia stood at 48th place, having been surpassed by Myanmar, which reached 29,000 metric tons. India, Japan, and Russia occupied the second, third, and fourth spots, respectively. On the export front, Estonia's alcoholic beverage exports are expected to drop to $158 million by 2028 from $164 million in 2023, marking a compound annual growth rate (CAGR) decline of 0.5%. Since 2000, the country's export supply has diminished by 1.1% annually.
