Key Market Indicators
Macedonia was number 97 in 2021, Serbia overtook at $83,991,000. China, Germany and France respectively came in numbers 2, 3 and 4 in this ranking. Consumption of alcoholic drinks in Macedonia is predicted to reach 4.2 million metric tons by 2026. This would be a 1.3% year-on-year increase from the 3.8 million metric tons estimated in 2021. Since 2017, demand for alcoholic drinks in the country has been declining at a rate of 1.7% per year. In 2021, Macedonia was ranked 103rd in the world in terms of consumption, with Bulgaria coming in just behind at 3.8 million metric tons. India, Japan, and Russia followed in second, third, and fourth place respectively. Exports of alcoholic drinks from Macedonia are estimated to hit $89 million by 2026. This would be a 1% year-on-year increase from the $84 million exported in 2021. Since 1999, the supply of alcoholic drinks from Macedonia has grown at an average rate of 5% per year. In 2021, the country was ranked 97th in the world in terms of exports, with Serbia coming in just behind at $84 million. China, Germany, and France followed in second, third, and fourth place respectively.