The vodka market in the Czech Republic displayed fluctuations between 2013 and 2023. The market value started at 42.936 million Euros in 2013, peaking at 54.518 million Euros in 2019, followed by a decline. In 2023, it stood at 48.955 million Euros, a year-on-year decrease of 0.049% and a CAGR of 1.87% over the last five years. The most substantial growth occurred in 2019 with a year-on-year increase of 22.18%, while declines were noted in 2020 and 2021 due to various economic factors.
Future trends to watch for:
- Consumer preferences may shift towards premium vodka brands.
- Potential regulatory changes impacting alcohol consumption and distribution.
- Economic conditions influencing disposable incomes and spending habits.
How does the Czech Republic rank in Vodka Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 631,330,000 | 2023 | +0.016% | +0.4% | View data |
| 2 | 2 Germany | 209,890,000 | 2023 | +1.61% | +0.56% | View data |
| 3 | 3 Romania | 82,471,000 | 2023 | +2.02% | -0.057% | View data |
| 4 | 4 Bulgaria | 49,926,000 | 2023 | +1.45% | +3.18% | View data |
| 5 | 5 Czech Republic | 48,955,000 | 2023 | -0.049% | +1.87% | |
| 6 | 6 Slovakia | 38,851,000 | 2023 | +1.97% | +2.69% | View data |
| 7 | 7 Lithuania | 37,655,000 | 2023 | -3.93% | -3.42% | View data |
