In 2023, the Czech Republic's beer market reached a volume of 478.76 million kilograms. The year-on-year growth over the past two years was moderate, at 1.84% in 2022 and 1.79% in 2023. The five-year CAGR stood at 1.44%, marking a consistent upward trend over this period, despite slight fluctuations. Notably, the market experienced limited growth in 2019 and a decline in 2020, followed by a rebound in 2021.
Future trends to watch for include potential impacts from changing consumer preferences, innovation in beer varieties, and increasing competition from non-alcoholic and craft beverages as health consciousness rises. Additionally, market dynamics may be influenced by sustainability initiatives and regulatory changes.
How does the Czech Republic rank in Beer Market Size Volume?
# | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 952,100,000 | 2023 | -1.44% | -0.56% | View data |
2 | 2 Poland | 947,470,000 | 2023 | +1.66% | +1.4% | View data |
3 | 3 Spain | 514,630,000 | 2023 | +4.78% | +0.053% | View data |
4 | 4 Czech Republic | 478,760,000 | 2023 | +1.79% | +1.44% | |
5 | 5 France | 460,890,000 | 2023 | +2.42% | +0.97% | View data |
6 | 6 Portugal | 95,213,000 | 2023 | +1.97% | +0.38% | View data |