The European Juices HICP analysis reveals notable variations by country. Hungary leads with a value of 14.043, followed by Serbia at 13.03 and Spain at 12.884 in 2024. Year-on-year variations indicate a significant increase in Hungary (+8.25%), indicating a rapidly growing market. Lithuania (+3.17%) and Macedonia (+5.06%) also show upward trends. However, Serbia, Spain, Croatia, Malta, Finland, Romania, Estonia, Iceland, Kosovo, Slovakia, Albania, Norway, Cyprus, and Ireland exhibit no change from the previous year, suggesting market stability or saturation.
Over the last five years, certain countries such as Germany, with a steady increase of +2.6%, and Austria, with +3.12%, reflect consistent annual growth. On the other hand, countries like Belgium (+1.32%) and France (+1.22%) show more moderate increases, suggesting slower market dynamics.
Future trends to watch include potential market expansion in rapidly growing regions like Hungary and smaller, stable markets which may begin to show growth due to advancing market strategies or economic conditions. Monitoring these transitions will provide insights into emerging opportunities and competitive landscapes in the European juice market.
Top countries in Juices HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 140.43 | 2022 | +18.08% | +8.25% | View data |
| 2 | 2 Serbia | 130.3 | 2022 | +16.76% | View data | |
| 3 | 3 Spain | 128.84 | 2022 | +10.38% | View data | |
| 4 | 4 Lithuania | 124.39 | 2022 | +11.99% | +3.17% | View data |
| 5 | 5 Croatia | 124.27 | 2022 | +9.78% | View data | |
| 6 | 6 Latvia | 122.84 | 2022 | +10.39% | +2.69% | View data |
| 7 | 7 Sweden | 121.98 | 2022 | +4.67% | +2.78% | View data |
| 8 | 8 Malta | 120.88 | 2022 | +6.79% | View data | |
| 9 | 9 Finland | 120.27 | 2022 | +3.77% | View data | |
| 10 | 10 Macedonia | 119.78 | 2022 | +13.41% | +5.06% | View data |