The vodka market in Slovakia saw steady growth from 2013 to 2023, with a value increase from €5.11 to €7.13 per capita. The year-on-year growth was particularly notable in 2020 and 2021, with increases of 10.8% and 6.4%, respectively, from the previous years. Over the last five years, the compound annual growth rate (CAGR) averaged 3.6%, driven by an expanding consumer base and evolving drinking preferences. In 2023, the market value stood at €7.13 per capita.
Looking forward, market trends to watch include potential impacts from health-conscious movements, which may dampen growth if demand shifts towards lower-alcohol or non-alcoholic beverages. Additionally, economic factors such as inflation and consumer purchasing power will likely influence future market dynamics in Slovakia.
How does Slovakia rank in Vodka Market Size Value Per Capita?
| # | 11 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 17.09 | 2023 | View data | ||
| 2 | 2 Estonia | 15.45 | 2023 | View data | ||
| 3 | 3 Lithuania | 14.25 | 2023 | View data | ||
| 4 | 4 Bulgaria | 7.22 | 2023 | View data | ||
| 5 | 5 Slovakia | 7.13 | 2023 | |||
| 6 | 6 Ireland | 5.45 | 2023 | View data | ||
| 7 | 7 Czech Republic | 4.65 | 2023 | View data | ||
