European Food and Beverage Services Turnover Index by Country

The European Food and Beverage Services Turnover Index in 2023 shows Romania, Hungary, and Serbia leading with substantial growth. Romania's increase from 2022 stands remarkable at over 18%, while Serbia tops with over a 21% year-on-year variation. Central and Eastern European countries generally exhibit stronger growth rates, while major Western economies like France and Germany showcase more modest growth, around 5.9% and 1.69% respectively. Southern Europe, including Greece and Italy, experiences slower growth, with negative and minimal changes reported in Macedonia.

Looking ahead, there is potential for significant shifts driven by digital transformation, post-pandemic demand changes, and sustainability trends across Europe. Growth is expected to be led by technological innovations in service delivery, shifts in consumer preferences towards healthier options, and sustainability practices shaping the future landscape in this sector.

Top countries in Food and Beverage Services Turnover Index by Country

# 10 Countries Indexes 2015 = 100, Calendar Adjusted Last Year YoY 5-years CAGR
1 1 Romania 314.4 2022 +36.22% +18.14% View data
2 2 Hungary 296.2 2022 +54.59% +15.65% View data
3 3 Serbia 262.5 2022 +41.89% +21.29% View data
4 4 Lithuania 261.8 2022 +60.81% +16.16% View data
5 5 Poland 230 2022 +32.56% +12.4% View data
6 6 Bosnia and Herzegovina 222.4 2022 +23.69% +13.48% View data
7 7 Bulgaria 202 2022 +32.89% +10.63% View data
8 8 Albania 192.5 2022 +21.07% +5.03% View data
9 9 Slovakia 181.3 2022 +38.71% +9.38% View data
10 10 Latvia 177.1 2022 +83.33% +8.51% View data

Top Countries about Food Services