The beer market in Croatia showed variable growth from 2013 to 2023. By 2023, the market size was 402.52 million Euros. Initially, the market experienced fluctuating trends with a significant rise in 2016 and 2018, but setbacks in 2020 and 2021 impacted growth adversely. The year-on-year growth recovered slightly from 2022 to 2023, reflecting a small positive trend, yet the compound annual growth rate (CAGR) over the past five years was negative, indicating an overall decline.
Future trends to watch for include:
- Recovery in beer consumption post-2023 with potential economic improvements.
- Increasing consumer preferences for craft and premium beers.
- Impact of legislative changes and health trends on alcohol consumption.
- Influence of tourism on the local beer market dynamics, potentially boosting demand.
How does Croatia 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 |
| 12 | 12 Greece | 634,830,000 | 2023 | +0.52% | -1.91% | View data |
| 13 | 13 Hungary | 484,640,000 | 2023 | +0.59% | -1.17% | View data |
| 14 | 14 Croatia | 402,520,000 | 2023 | +2.08% | -2.93% | |
| 15 | 15 Finland | 395,130,000 | 2023 | -3.2% | -0.87% | View data |
| 16 | 16 Bulgaria | 358,720,000 | 2023 | +0.64% | +0.62% | View data |
