Key Market Indicators
The country ranked number 30 in 2021, Australia came ahead at $869,670,000. Germany, Italy and France respectively were numbers 2, 3 and 4 in this ranking. Consumption of alcoholic drinks in Hungary is forecast to reach 63,000 metric tons by 2026, down by 0.1% compared to 2021. The country's demand for alcoholic drinks has declined by 1.7% annually since 2017. Hungary ranked 32nd in terms of consumption in 2021, with Zimbabwe ahead at 62,700 metric tons. India, Japan and Russia were the second, third and fourth largest consumers, respectively. Export of alcoholic drinks from Hungary is expected to reach $1.03 billion by 2026, increasing by 2.9% year on year. Since 1997, the country's supply of alcoholic beverages has risen 6.7% each year. Hungary ranked 30th in terms of export in 2021, with Australia in the lead at $869.67 million. Germany, Italy and France were the second, third and fourth largest exporters, respectively.