The European Food and Beverage Services Turnover Index showcases varying performances across countries. Romania leads with the highest index value, indicating robust growth, followed closely by Hungary and Serbia. These countries, along with Lithuania and Poland, have exhibited strong year-on-year growth, with Romania and Serbia experiencing particularly remarkable increases. In contrast, Western European countries such as Spain, Germany, and Greece report lower index values, with modest growth compared to their Eastern counterparts. Notably, Macedonia faced a decline, highlighting regional disparities.
Future trends to watch include:
- Eastern European markets are likely to continue outpacing Western Europe, driven by economic growth and expanding consumer markets.
- The impact of evolving consumer preferences towards healthier and sustainable food options may influence index trajectories, particularly in more developed markets.
- Rising inflation and economic uncertainties could pose challenges, potentially slowing growth over the coming years.
Top countries in Food and Beverage Services Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 314.1 | 2022 | +36.39% | +18.21% | View data |
| 2 | 2 Hungary | 296.2 | 2022 | +54.59% | +15.65% | View data |
| 3 | 3 Serbia | 262.5 | 2022 | +41.89% | +21.29% | View data |
| 4 | 4 Lithuania | 261.9 | 2022 | +60.87% | +16.15% | View data |
| 5 | 5 Poland | 230 | 2022 | +32.56% | +12.4% | View data |
| 6 | 6 Bosnia and Herzegovina | 222.4 | 2022 | +23.69% | +13.48% | View data |
| 7 | 7 Bulgaria | 202 | 2022 | +32.89% | +10.63% | View data |
| 8 | 8 Albania | 192.5 | 2022 | +21.07% | +5.03% | View data |
| 9 | 9 Slovakia | 181.3 | 2022 | +38.71% | +9.38% | View data |
| 10 | 10 Latvia | 177.5 | 2022 | +83.56% | +8.53% | View data |