Between 2013 and 2023, the vodka market size per capita in Hungary showed fluctuations, with a low of 1.83 Euros in 2016 and a peak of 2.43 Euros in 2018. In 2023, it stood at 2.40 Euros per capita. The highest year-on-year increase occurred in 2018 with a 16.39% rise, while the largest decline was in 2016 at 8.5%. In the recent two years, the market slightly contracted by 1.65% from 2022 to 2023. The compound annual growth rate (CAGR) from 2018 to 2023 was approximately 0.82%, indicating a modest growth trend.
Future trends to watch include changing consumer preferences towards premium and flavored vodkas, greater focus on health-conscious consumption, and potential shifts in discretionary spending, which could impact per capita consumption patterns. Monitoring economic indicators in Hungary will also be crucial, as they could influence the alcohol beverage industry, including the vodka segment.
| # | 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 | View data | ||
| 8 | 8 Romania | 4.23 | 2023 | View data | ||
| 9 | 9 Germany | 2.63 | 2023 | View data | ||
| 10 | 10 Hungary | 2.4 | 2023 | |||
| 11 | 11 Austria | 2.22 | 2023 | View data | ||
