The Finnish beer market experienced notable fluctuations over the past decade. From 2012 to 2014, the market contracted significantly, reflecting a decreasing trend with a substantial -16.39% drop in 2014. This downward trajectory continued, albeit at a slower rate, until 2016. From 2017 onwards, the market showed signs of recovery with minor positive year-on-year variations, peaking at 4.26% in 2019. However, the overall growth remained relatively stagnant, with the market recording a slight decline in 2022.
Over the last five years, the beer market in Finland achieved a modest compound annual growth rate (CAGR) of approximately 0.5%, suggesting stability rather than substantial growth. As of 2023, the market size stood at approximately 417.36 million euros.
Looking forward, trends to watch include the potential impact of rising consumer preferences for craft and specialty beers, the influence of changing alcohol consumption habits due to health consciousness, and possible regulatory changes affecting alcohol sales. These factors could drive both the volume and value aspects of the market in the upcoming years.
How does Finland rank in Beer Market Size Value?
| # | 20 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,281,600,000 | 2023 | +0.19% | -0.56% | View data |
| 2 | 2 Spain | 6,450,900,000 | 2023 | +1.75% | +0.85% | View data |
| 3 | 3 United Kingdom | 5,969,700,000 | 2023 | -0.52% | +0.47% | View data |
| 4 | 4 Italy | 4,107,400,000 | 2023 | +1.29% | +0.24% | View data |
| 5 | 5 Poland | 2,841,700,000 | 2023 | -2.18% | -0.87% | View data |
| 13 | 13 Hungary | 484,640,000 | 2023 | +0.59% | -1.17% | View data |
| 14 | 14 Croatia | 402,520,000 | 2023 | +2.08% | -2.93% | View data |
| 15 | 15 Finland | 395,130,000 | 2023 | -3.2% | -0.87% | |
| 16 | 16 Bulgaria | 358,720,000 | 2023 | +0.64% | +0.62% | View data |
| 17 | 17 Lithuania | 350,880,000 | 2023 | +6.45% | +1.49% | View data |
