The production of alcoholic beverages in Germany experienced fluctuations over the past decade. In 2023, the production stood at 9.91 million metric tons, a slight decrease of 0.18% from the previous year. Historically, production peaked at 10.31 million metric tons in 2014, then showed relatively minor variations, except for a significant drop of 17.16% in 2020, likely due to the COVID-19 pandemic. The average annual decline over the past five years (CAGR) was 0.37%.
Future trends indicate a continued gradual decline, with a forecasted average annual decrease (CAGR) of 0.15% from 2024 to 2028. By 2028, production is expected to reduce to 9.82 million metric tons, marking a 0.74% decline from 2023.
Trends to watch for:
- Impact of health consciousness on alcoholic beverage consumption.
- Shifts towards low-alcohol and non-alcoholic alternatives.
- Regulatory changes affecting production levels.
- Sustainability practices in production impacting costs and outputs.
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