In 2023, Romania led the European Food and Beverage Services Production Index with a value significantly above its peers, driven by a remarkable 9.8% increase during 2022. Hungary remained stagnant with no change. Lithuania, Latvia, and Slovenia showed promising growth exceeding 2%, while Slovakia and France posted moderate gains. Finland and Sweden had minimal increases, contrasting with negative trends in the Czech Republic and Germany.
Future trends for the European market point towards monitoring Romania's rapid expansion and potential market saturation. Key attention should be on evolving consumer preferences, technological advancements, and potential economic fluctuations impacting production output across Europe.
Top countries in Food and Beverage Services Production Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 245 | 2022 | +23.05% | +9.8% | View data |
| 2 | 2 Hungary | 171.6 | 2022 | +28.54% | View data | |
| 3 | 3 Lithuania | 156.5 | 2022 | +39.86% | +7.38% | View data |
| 4 | 4 Latvia | 148.1 | 2022 | +62.57% | +4.74% | View data |
| 5 | 5 Slovenia | 137.5 | 2022 | +40.31% | +2.51% | View data |
| 6 | 6 Bulgaria | 136 | 2022 | +11.75% | +2.07% | View data |
| 7 | 7 France | 132.7 | 2022 | +39.24% | +3.86% | View data |
| 8 | 8 Slovakia | 125.7 | 2022 | +18.58% | +2.59% | View data |
| 9 | 9 Finland | 112.7 | 2022 | +20.28% | +0.91% | View data |
| 10 | 10 Sweden | 112.1 | 2022 | +20.02% | +1.16% | View data |
