The beer market in Sweden experienced fluctuations between 2012 and 2022, with an initial decline from 619.4 million euros in 2012 to 591.06 million euros in 2015, followed by a steady recovery peaking at 701.76 million euros in 2020. A notable dip occurred in 2021 at 660.9 million euros, but the market rebounded to 700.52 million euros in 2022. The average annual growth rate over the last five years (CAGR) stood at 1.92%, indicating moderate growth.
Key trends include:
- An initial decline in market size value from 2012 to 2015, attributed to economic factors and possible shifts in consumer preferences.
- Recovery phase from 2016 to 2020, marked by increased consumption and possibly new market entrants.
- Fluctuations in recent years, with significant impacts likely from changing regulations, health trends, and the COVID-19 pandemic.
Looking ahead, future trends to watch for include:
- Increased demand for craft and artisanal beers as consumer preferences continue to evolve.
- A potential rise in non-alcoholic and low-alcohol beer segments driven by health-conscious consumers.
- Regulatory changes affecting production and sales, and their impacts on market dynamics.
How does Sweden 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 |
| 9 | 9 Czech Republic | 1,375,600,000 | 2023 | -0.13% | +0.53% | View data |
| 10 | 10 Portugal | 841,860,000 | 2023 | +0.67% | +0.45% | View data |
| 11 | 11 Sweden | 715,500,000 | 2023 | +48.37% | +647.3% | |
| 12 | 12 Greece | 634,830,000 | 2023 | +0.52% | -1.91% | View data |
| 13 | 13 Hungary | 484,640,000 | 2023 | +0.59% | -1.17% | View data |
