The Hungarian beer market experienced fluctuations between 2013 and 2023, with the market size value standing at 484.64 million Euros in 2023. Notably, there was a 0.59% increase in value from the previous year. From 2013 to 2018, the market showed a growth trend, peaking in 2018. However, from 2019 onward, growth was inconsistent, reflecting impacts like economic downturns. The five-year CAGR to 2023 was approximately -1.17%, indicating an average annual contraction.
Future trends to monitor include:
- Sustainability initiatives influencing consumer preferences and production processes.
- Innovation in craft beer and non-alcoholic variants driving market segmentation.
- Economic and policy shifts affecting pricing and consumption patterns.
How does Hungary 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 |
| 11 | 11 Sweden | 715,500,000 | 2023 | +48.37% | +647.3% | View data |
| 12 | 12 Greece | 634,830,000 | 2023 | +0.52% | -1.91% | View data |
| 13 | 13 Hungary | 484,640,000 | 2023 | +0.59% | -1.17% | |
| 14 | 14 Croatia | 402,520,000 | 2023 | +2.08% | -2.93% | View data |
| 15 | 15 Finland | 395,130,000 | 2023 | -3.2% | -0.87% | View data |
