Key Market Indicators
Portuguese beer sales are projected to reach €861 million by 2028, down slightly from €865 million in 2023. This marks an average annual decline of 0.1%. Despite this recent downturn, the Portuguese beer market has seen an average annual growth of 0.8% since 2013. As of 2023, Portugal ranks 12th in beer sales, with Finland surpassing it at €865 million. The United Kingdom, Spain, and Belgium hold the second, third, and fourth positions, respectively. In terms of beer production, Portugal is expected to produce 621,000 metric tons by 2028, a decrease from 650,000 metric tons in 2023. This represents an average annual decline of 0.7%. Portuguese beer supply has been on a gradual decline of 0.8% per year since 1966. In 2023, Portugal ranked 36th in beer production, with Kazakhstan overtaking it at 650,000 metric tons. The United States, Brazil, and Mexico are the top three producers, holding the second, third, and fourth spots, respectively.