In 2023, Poland led the European food, beverages, and tobacco production index, showing robust growth. Hungary trailed closely, while Lithuania and Romania also exhibited strong production values. Switzerland, Austria, and Belgium maintained moderate levels. Notably, Latvia, Finland, the Netherlands, and Germany demonstrated declining trends compared to the prior year. Year-on-year variations indicate Poland and Hungary enjoyed significant gains, whereas some Western European nations faced slight declines. The past five years have seen gradual increases in Eastern European countries, showcasing a shift in production dynamics within Europe.
Looking forward, Eastern Europe, led by Poland and Hungary, is likely to continue its upward trend due to favorable economic conditions and increased investment in production facilities. Western Europe must navigate challenges such as aging infrastructure and evolving consumer preferences. Sustainability, technological innovation, and possible regulatory changes remain crucial factors that will influence the future trajectory of the European Food, Beverages, and Tobacco Products Production Index.
Top countries in Food, Beverages and Tobacco Products Production Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 143.8 | 2022 | +9.85% | +5.05% | View data |
| 2 | 2 Hungary | 130.8 | 2022 | +7.57% | +5.06% | View data |
| 3 | 3 Lithuania | 121 | 2022 | +3.68% | +3.52% | View data |
| 4 | 4 Romania | 119.9 | 2022 | +2.92% | +1.35% | View data |
| 5 | 5 Switzerland | 115.8 | 2022 | +4.42% | +2.47% | View data |
| 6 | 6 Austria | 112.8 | 2022 | +7.94% | +1.89% | View data |
| 7 | 7 Belgium | 112.7 | 2022 | +2.73% | +1.16% | View data |
| 8 | 8 Denmark | 112.6 | 2022 | +0.18% | +0.91% | View data |
| 9 | 9 Bulgaria | 112.5 | 2022 | +7.86% | +2.26% | View data |
| 10 | 10 Greece | 110.6 | 2022 | +4.24% | +1.79% | View data |
