In 2023, the Czech Republic's beer market had a value of 1.3756 billion Euros. Over the past decade, the market has demonstrated fluctuations with a general upward trend, although recent years saw modest declines. The year-on-year variations indicate minor negative changes in 2022 and 2023, marking a stabilizing phase. Over the last five years, the market showcased an average compound annual growth rate (CAGR) of 0.53% yearly, highlighting a relatively stable market environment.
Future trends to watch for include potential market innovation, such as craft beer diversification and sustainability initiatives, which could fuel growth in the upcoming years amid changing consumer preferences and eco-conscious consumption patterns.
How does the Czech Republic 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 |
| 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% | View data |
| 9 | 9 Czech Republic | 1,375,600,000 | 2023 | -0.13% | +0.53% | |
| 10 | 10 Portugal | 841,860,000 | 2023 | +0.67% | +0.45% | View data |
| 11 | 11 Sweden | 715,500,000 | 2023 | +48.37% | +647.3% | View data |
