The beer market size value per capita in Latvia showed fluctuations from 2013 to 2023, with a notable peak in 2017 at 68.16 Euros. As of 2023, it slightly increased to 66.84 Euros per capita. Analyzing the past two years, there was an increase of 0.66 Euros in 2023 compared to 2022, marking a 1.01% year-on-year growth. Over the last five years, the compound annual growth rate (CAGR) was 0.57%, indicating a relatively stable market with slight growth.
Looking ahead, it is crucial to monitor potential changes in consumer preferences, the impact of health consciousness, and economic factors influencing disposable incomes, all of which could significantly sway future per capita values in Latvia's beer market.
How does Latvia rank in Beer Market Size Value Per Capita?
| # | 20 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 154.07 | 2023 | View data | ||
| 2 | 2 Spain | 135.16 | 2023 | View data | ||
| 3 | 3 Lithuania | 129.57 | 2023 | View data | ||
| 4 | 4 Czech Republic | 125.65 | 2023 | View data | ||
| 5 | 5 Romania | 103.45 | 2023 | View data | ||
| 14 | 14 Sweden | 69.55 | 2023 | View data | ||
| 15 | 15 Italy | 68.47 | 2023 | View data | ||
| 16 | 16 Latvia | 66.84 | 2023 | |||
| 17 | 17 Greece | 57.98 | 2023 | View data | ||
| 18 | 18 Slovakia | 56 | 2023 | View data | ||
