Over the period 2012-2024, the Austrian beer market has demonstrated fluctuating trends. Between 2012 and 2015, the market saw minimal growth with minor year-on-year variations. A peak was reached in 2016 at 1.4158 billion euros, followed by a significant drop in 2017 and 2018. The market bounced back in 2019 but faced another substantial decline in 2020, likely due to the COVID-19 pandemic. However, recovery signs were seen again in 2021 and 2022. The compound annual growth rate (CAGR) over the last five years indicates a positive trajectory, albeit at a modest 0.66% average annual increase.
Future Trends to Watch For:
- The impact of economic recovery and consumer spending patterns post-pandemic.
- Potential increases in beer exports and international market penetration.
- Innovations in brewery technology and product diversification.
- The influence of health-conscious trends and the demand for low-alcohol or alcohol-free beer options.
- Regulatory changes and policy impacts on production and distribution.
How does Austria 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 |
| 6 | 6 Romania | 1,966,200,000 | 2023 | +3.06% | +3.53% | View data |
| 7 | 7 Netherlands | 1,709,300,000 | 2023 | +0.9% | +0.84% | View data |
| 8 | 8 Austria | 1,389,000,000 | 2023 | +0.29% | +1.02% | |
| 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% | View data |