The European Turnover Index for Food, Beverages, and Tobacco retail in specialized stores varies significantly by country. In 2023, Bulgaria showed the highest index value, firmly maintaining its position with a robust year-on-year growth rate since 2022, leading the European market alongside Lithuania and Romania. Established markets like France and Poland also demonstrated healthy increases in activity. Northern and Western European countries like Sweden, Austria, and Norway experienced moderate growth. Meanwhile, Southern European countries showed stable but marginal growth with some, like Spain and Denmark, witnessing minor declines. Overall, the five-year CAGR reflects consistent growth across most regions.
Looking ahead, it’s crucial to observe the impact of evolving consumer preferences towards healthier and sustainable options. Markets will likely see increased demand for specialty and organic products, intensified competition due to emerging retail technologies, and a demand for personalized shopping experiences. Inflationary pressures, supply chain disruptions, and regulatory changes in environmental policies will also shape future market dynamics.
Top countries in Turnover Index of Food, Beverages and Tobacco Retail in Specialised Stores by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 212.2 | 2022 | +22.52% | +12.13% | View data |
| 2 | 2 Lithuania | 185.5 | 2022 | +18.61% | +12.4% | View data |
| 3 | 3 Romania | 178.4 | 2022 | +10.4% | +7.2% | View data |
| 4 | 4 France | 160.4 | 2022 | +3.55% | +6.9% | View data |
| 5 | 5 Poland | 150 | 2022 | +25.42% | +8.47% | View data |
| 6 | 6 Albania | 138.7 | 2022 | +16.65% | +6.91% | View data |
| 7 | 7 Sweden | 129 | 2022 | +3.95% | +4.14% | View data |
| 8 | 8 Austria | 121.8 | 2022 | +6.38% | +3.49% | View data |
| 9 | 9 Czech Republic | 120.4 | 2022 | +7.4% | +1.48% | View data |
| 10 | 10 Portugal | 118.5 | 2022 | +15.84% | +2.41% | View data |
