From 2013 to 2023, the carbonated soft drinks market in Hungary exhibited fluctuations. It reached 1,245.1 million liters in 2023. Significant growth occurred between 2014 to 2017, peaking in 2017, followed by a brief decline until 2020. Recovery began in 2021, with consistent increases up to 2023. Recent years show stabilization, with a year-on-year growth of over 3% annually in 2022 and 2023. The five-year CAGR until 2023 stands at 1.39%, indicating modest average growth. Key points:
- Steady increase from 2021 onward.
- Fluctuation between 2013 and 2017, and again around 2019-2020.
- Slight but consistent growth post-2020 suggests stabilization.
Future trends to monitor include shifts in consumer preferences towards healthier options, potential regulatory changes affecting sugar content, and innovations in product offerings that may influence market dynamics.
How does Hungary rank in Carbonated Soft Drinks Market Size Volume?
| # | 19 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,351,600,000 | 2023 | -0.038% | -1.03% | View data |
| 2 | 2 United Kingdom | 8,350,500,000 | 2023 | +0.71% | +0.91% | View data |
| 3 | 3 France | 4,104,000,000 | 2023 | +0.11% | +1.48% | View data |
| 4 | 4 Poland | 2,831,900,000 | 2023 | +0.48% | +0.042% | View data |
| 5 | 5 Romania | 1,956,900,000 | 2023 | +1.18% | +0.81% | View data |
| 6 | 6 Austria | 1,838,700,000 | 2023 | +2.88% | +3.36% | View data |
| 7 | 7 Netherlands | 1,584,900,000 | 2023 | -2.18% | +0.021% | View data |
| 8 | 8 Hungary | 1,245,100,000 | 2023 | +3.15% | +1.39% | |
| 9 | 9 Sweden | 1,041,100,000 | 2023 | +1.62% | +0.62% | View data |
| 10 | 10 Portugal | 773,230,000 | 2023 | -0.12% | -1.7% | View data |
