The European Turnover Index for Food, Beverages, and Tobacco Wholesale varies significantly by country. In 2023, Romania, Lithuania, Latvia, and Croatia showed the highest index values, indicating robust growth. Over the last two years, most countries experienced positive growth, with Croatia leading at 8.95%, closely followed by Lithuania and Norway. Notably, Italy and Bulgaria had lower growth rates, indicating potential challenges in these markets. The five-year compound annual growth rate (CAGR) suggests that Romania and Lithuania have maintained strong upward trends, while Spain and France have seen comparatively modest increases.
Future trends to watch include digital transformation and automation in the supply chain, impacting efficiency and market competitiveness, alongside evolving consumer preferences for health-conscious and sustainable products which may drive changes in wholesale distribution strategies across Europe.
Top countries in Turnover Index of Food, Beverages and Tobacco Wholesale by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 169.9 | 2022 | +16.61% | +7.95% | View data |
| 2 | 2 Lithuania | 168.5 | 2022 | +17.1% | +8.84% | View data |
| 3 | 3 Latvia | 162.1 | 2022 | +21.24% | +6.45% | View data |
| 4 | 4 Croatia | 160.6 | 2022 | +20.93% | +8.95% | View data |
| 5 | 5 Norway | 159.4 | 2022 | +6.76% | +8.5% | View data |
| 6 | 6 Sweden | 145.3 | 2022 | +13.52% | +5.96% | View data |
| 7 | 7 Netherlands | 139.9 | 2022 | +15.62% | +5.55% | View data |
| 8 | 8 Spain | 137.6 | 2022 | +16.12% | +4.52% | View data |
| 9 | 9 Belgium | 136.7 | 2022 | +18.97% | +5% | View data |
| 10 | 10 Germany | 132.8 | 2022 | +15.78% | +4.07% | View data |
