The 2023 analysis of hours worked in the European soft drinks sector reveals Germany as the leader with 44.1 million hours, despite a slight decline. The UK follows with 26.813 million hours, also showing a decrease. Romania and Spain experienced significant reductions, while Poland showed positive growth. Among smaller markets, Hungary and Austria have shown robust growth, contrasting with sharp declines in Bulgaria and Greece. Norway exhibits the largest downturn at nearly 10%, whereas Latvia and Lithuania remain relatively stable. Over the last five years, growth trends are mixed, demonstrating diverse trajectories across the countries.
Future trends to watch include continued growth in Eastern European markets like Hungary and Poland, potential stabilization or recovery phases in declining markets such as Norway, Bulgaria, and Greece, and the sustainability of growth in Austria. Innovations in production and consumption patterns, along with regulatory changes, will also influence future hours worked in this sector across Europe.
Top countries in Soft Drinks Hours Worked by Country
| # | 10 Countries | Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 44,100,000 | 2023 | +0.95% | -0.67% | View data |
| 2 | 2 United Kingdom | 26,813,000 | 2023 | -0.17% | -0.48% | View data |
| 3 | 3 Romania | 19,799,000 | 2023 | -2.4% | -0.32% | View data |
| 4 | 4 Spain | 19,245,000 | 2023 | -2.54% | -2.15% | View data |
| 5 | 5 Poland | 16,830,000 | 2023 | +4.06% | +2.04% | View data |
| 6 | 6 Italy | 16,264,000 | 2023 | -0.41% | -0.52% | View data |
| 7 | 7 Hungary | 8,833,200 | 2023 | +3.62% | +3.1% | View data |
| 8 | 8 Austria | 8,218,200 | 2023 | +4.88% | +3.44% | View data |
| 9 | 9 Bulgaria | 6,749,600 | 2023 | -3.48% | -3.88% | View data |
| 10 | 10 Belgium | 5,445,300 | 2023 | -2.98% | -1.8% | View data |
