Over the past decade, the carbonated soft drinks market in Belgium has exhibited significant fluctuations in volume. From 2012 to 2015, the market experienced a consistent decline, with a decrease in volume every year. However, in 2016, there was a substantial spike in consumption, which was followed by moderate growth until 2017. The period between 2018 and 2022 was marked by minor year-on-year variations, reflecting a relatively stable but slightly declining trend. Notably, volume saw a considerable drop in 2020, likely due to the impact of the COVID-19 pandemic. The average annual growth rate over the past five years stands at -2.86% in 2022.
For future trends, market analysts should watch for the impact of health-conscious consumer behavior, regulatory changes concerning sugar content, and potential innovations in the carbonated beverage sector. Additionally, the recovery of the market post-pandemic and evolving consumer preferences towards more sustainable packaging could also play significant roles in shaping the market in the coming years.
| # | 19 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,351,600,000 | 2023 | -0.038% | -1.03% | View data |
| 2 | 2 United Kingdom | 8,350,500,000 | 2023 | +0.71% | +0.91% | View data |
| 3 | 3 France | 4,104,000,000 | 2023 | +0.11% | +1.48% | View data |
| 4 | 4 Poland | 2,831,900,000 | 2023 | +0.48% | +0.042% | View data |
| 5 | 5 Romania | 1,956,900,000 | 2023 | +1.18% | +0.81% | View data |
| 14 | 14 Greece | 470,800,000 | 2023 | -2.05% | -0.0024% | View data |
| 15 | 15 Slovakia | 416,360,000 | 2023 | -3.88% | -3.15% | View data |
| 16 | 16 Belgium | 346,900,000 | 2023 | +4.51% | +0.66% | |
| 17 | 17 Croatia | 305,460,000 | 2023 | +1.44% | +2.1% | View data |
| 18 | 18 Slovenia | 97,168,000 | 2023 | -5.12% | -3.44% | View data |
