The Brandy and Cognac market in Croatia was valued at 7.1744 million euros in 2023, experiencing a slight increase over the previous two years, with a year-on-year growth of just 0.43% in 2023. Over the past five years, the market has seen an average annual contraction with a CAGR of -1.91%. Overall, the market shows declining trends since 2018, following a peak in growth in 2016 and a subsequent downturn in the following years.
Future trends to watch for:
- Potential market fluctuations owing to changing consumer preferences and economic conditions.
- Possibly increased interest in premium products which may affect market dynamics.
- Influence of global trade dynamics on imports, pricing, and availability in Croatia.
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 172,250,000 | 2023 | -3.53% | -3.24% | View data |
| 2 | 2 United Kingdom | 132,350,000 | 2023 | -1.42% | -2.1% | View data |
| 3 | 3 Portugal | 67,415,000 | 2023 | +1.1% | -2.82% | View data |
| 4 | 4 Bulgaria | 64,515,000 | 2023 | +2.87% | +2.63% | View data |
| 5 | 5 Greece | 35,028,000 | 2023 | +2.1% | +2.81% | View data |
| 7 | 7 Finland | 25,792,000 | 2023 | -6.11% | -4.33% | View data |
| 8 | 8 Sweden | 11,320,000 | 2023 | +1.69% | +0.97% | View data |
| 9 | 9 Croatia | 7,174,400 | 2023 | +0.43% | -1.91% | |
| 10 | 10 Denmark | 6,717,600 | 2023 | -3.44% | -3.39% | View data |
| 11 | 11 Slovakia | 6,524,200 | 2023 | -5.18% | -5.87% | View data |
