The Slovak soft drink market volume saw fluctuations over the past decade. By 2023, the market volume stood at 1002.4 million liters. From 2013 to 2023, the market oscillated with significant growth between 2016 and 2018, peaking in 2018. Recent years depict stagnation, with negligible year-on-year growth from 2021 to 2023.
Key year-on-year changes:
- 2022 to 2023: 0.07%
- 2021 to 2022: 0.071%
The compound annual growth rate (CAGR) over the last five years stands at -0.43%, indicating a minor downturn.
Future trends to watch include evolving consumer preferences towards healthier alternatives, potential market saturation, and regulatory impacts which may influence market behavior significantly.
How does Slovakia rank in Soft Drinks Market Size Volume?
| # | 19 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22,810,000,000 | 2023 | +1.56% | +0.41% | View data |
| 2 | 2 France | 15,616,000,000 | 2023 | +0.67% | +0.96% | View data |
| 3 | 3 Spain | 13,270,000,000 | 2023 | +0.6% | -0.79% | View data |
| 4 | 4 United Kingdom | 12,491,000,000 | 2023 | +1.5% | +1.61% | View data |
| 5 | 5 Poland | 9,276,600,000 | 2023 | +1.69% | +1.05% | View data |
| 11 | 11 Bulgaria | 1,601,300,000 | 2023 | +3.29% | +2.42% | View data |
| 12 | 12 Sweden | 1,051,500,000 | 2023 | +0.38% | -0.64% | View data |
| 13 | 13 Slovakia | 1,002,400,000 | 2023 | +0.07% | -0.43% | |
| 14 | 14 Finland | 715,750,000 | 2023 | +0.7% | +1.16% | View data |
| 15 | 15 Belgium | 653,610,000 | 2023 | +0.13% | -3.71% | View data |
