The beer market in Portugal experienced fluctuations between 2013 and 2023, reaching a value of 841.86 million euros in 2023. Year-on-year growth was generally modest, with significant declines in 2018 and 2020, followed by recovery years. Notably, the five-year compound annual growth rate (CAGR) leading up to 2023 was 0.45%, indicating a stable but low growth trend in recent years.
Looking Ahead:
- Monitor consumer preferences for craft and premium beers, as these segments could drive future market growth.
- Economic factors and tourism trends in Portugal may also affect the beer market, influencing demand.
- Consider the impact of regulatory changes and sustainability initiatives within the beverage industry.
How does Portugal rank in Beer Market Size Value?
| # | 20 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,281,600,000 | 2023 | +0.19% | -0.56% | View data |
| 2 | 2 Spain | 6,450,900,000 | 2023 | +1.75% | +0.85% | View data |
| 3 | 3 United Kingdom | 5,969,700,000 | 2023 | -0.52% | +0.47% | View data |
| 4 | 4 Italy | 4,107,400,000 | 2023 | +1.29% | +0.24% | View data |
| 5 | 5 Poland | 2,841,700,000 | 2023 | -2.18% | -0.87% | View data |
| 8 | 8 Austria | 1,389,000,000 | 2023 | +0.29% | +1.02% | View data |
| 9 | 9 Czech Republic | 1,375,600,000 | 2023 | -0.13% | +0.53% | View data |
| 10 | 10 Portugal | 841,860,000 | 2023 | +0.67% | +0.45% | |
| 11 | 11 Sweden | 715,500,000 | 2023 | +48.37% | +647.3% | View data |
| 12 | 12 Greece | 634,830,000 | 2023 | +0.52% | -1.91% | View data |
