Forecast: Turnover in Spirits Sector in Poland

Between 2013 and 2023, the turnover in Poland's spirits sector showed a fluctuating yet upward trend. Starting at 11.07 billion Zloty in 2013, the sector experienced periods of both decline and growth, with the turnover reaching 14.76 billion Zloty in 2023. Key variations included a noticeable drop of 8.45% in 2014, a strong rise of 12.05% in 2019, and varied growth rates in the following years. The Compound Annual Growth Rate (CAGR) over the last five years was 4.31%, indicating consistent growth. In 2023, the turnover stood at 14.76 billion Zloty, reflecting a 3.55% year-on-year increase from 2022.

Future trends to watch for include:

• Continued growth forecasted with a five-year CAGR of 2.44%, suggesting a steady but moderate increase. • Increased consumer interest in premium and craft spirits. • Potential market adjustments due to economic factors and changing consumer preferences. • Regulatory changes and their impact on the sector's profitability.

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