The craft beer market in Denmark has shown varying levels of growth and decline over the past decade. From a volume of 56.124 million kilograms in 2012, the market saw a peak in 2013 with 66.923 million kilograms, followed by fluctuations. In 2019, the volume reached a high of 73.3 million kilograms but saw a decline again in 2020 and 2021, reaching 68.41 and 66.48 million kilograms, respectively. By 2022, the craft beer market volume increased to 70.759 million kilograms, demonstrating a year-on-year growth of 6.44%.
Year-on-year variations show significant volatility, where substantial gains in some years were often met with declines in others. The cumulative average growth rate (CAGR) over the last five years has been moderate, with a final average variation per year recently recorded at 2.82%.
The volume in 2023 is expected to display a continuation of recent trends, though specific data points were not provided in the current context.
- 2012: -2.08%
- 2013: 19.24%
- 2014: -6.93%
- 2015: -7.44%
- 2016: 5.53%
- 2017: 1.21%
- 2018: 1.19%
- 2019: 17.64%
- 2020: -6.67%
- 2021: -2.82%
- 2022: 6.44%
- CAGR 5-year (2022): 2.82%
Future trends to watch for include the potential impacts of economic shifts, consumer preferences towards sustainable and locally-produced beverages, and innovation in craft beer flavors and brewing techniques. Monitoring regulatory changes and the competitive landscape will also be crucial for forecasting future market developments.
How does Denmark rank in Craft Beers Market Size Volume?
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 957,660,000 | 2023 | -1.4% | -0.82% | View data |
| 2 | 2 Poland | 947,470,000 | 2023 | +1.66% | +1.4% | View data |
| 3 | 3 Spain | 513,810,000 | 2023 | +4.84% | +0.021% | View data |
| 4 | 4 Czech Republic | 479,240,000 | 2023 | +1.79% | +1.46% | View data |
| 5 | 5 France | 460,620,000 | 2023 | +2.4% | +0.95% | View data |
| 6 | 6 Portugal | 95,284,000 | 2023 | +2.01% | +0.9% | View data |
| 7 | 7 Denmark | 67,448,000 | 2023 | +1.06% | +1.6% | |
| 8 | 8 Croatia | 37,586,000 | 2023 | -0.3% | +0.074% | View data |
