Key Market Indicators
Hungarian Alcoholic Drink Consumption is projected to reach 67,000 metric tons by 2028, up from 67,000 metric tons in 2023, marking an average annual growth rate of 0.2%. Since 2019, the demand for alcoholic beverages in Hungary has increased by 0.3% annually. In 2023, Hungary ranked 30th in terms of alcoholic drink consumption, with Serbia surpassing it at 67,000 metric tons. The top three countries in this ranking were India, Japan, and Russia, respectively. On the export front, Hungarian Alcoholic Drink Export is expected to hit approximately $1.1 billion by 2028, rising from around $936 million in 2023. This represents an average annual growth rate of 2.6%. Since 1997, Hungary's alcoholic drink exports have grown by 3.5% annually.
