As of 2023, the European Turnover Index for Food, Beverages, and Tobacco Wholesale highlights that Lithuania leads with a value of 16.9, closely followed by Romania and Latvia. Significant year-on-year growth is observed, with Lithuania, Croatia, and Norway experiencing the most pronounced increases at approximately 8.87%, 8.92%, and 8.76%, respectively. In contrast, countries like Bulgaria and Italy exhibit modest growth.
Looking forward, key trends for the European market include:
- Increased focus on sustainability within the supply chain.
- Expansion of e-commerce capabilities among wholesalers.
- Potential impact of geopolitical dynamics on trade and regulation.
Top countries in Turnover Index of Food, Beverages and Tobacco Wholesale by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 169 | 2022 | +17.04% | +8.87% | View data |
| 2 | 2 Romania | 168.4 | 2022 | +16.86% | +7.93% | View data |
| 3 | 3 Latvia | 162.1 | 2022 | +21.24% | +6.45% | View data |
| 4 | 4 Croatia | 160.2 | 2022 | +19.91% | +8.92% | View data |
| 5 | 5 Norway | 159.9 | 2022 | +7.1% | +8.76% | View data |
| 6 | 6 Sweden | 145.1 | 2022 | +13.27% | +5.97% | View data |
| 7 | 7 Netherlands | 139.9 | 2022 | +15.62% | +5.55% | View data |
| 8 | 8 Spain | 137.1 | 2022 | +15.6% | +4.56% | View data |
| 9 | 9 Belgium | 136.8 | 2022 | +18.75% | +5% | View data |
| 10 | 10 Germany | 133.3 | 2022 | +15.51% | +4.18% | View data |
