The Estonian beer market has experienced a declining trend over the last decade, with the volume in 2023 standing at 95.529 million liters. Over the past two years, the year-on-year decline has been consistent at approximately 0.89%. The five-year compound annual growth rate (CAGR) is negative at -1.97%, indicating a significant decrease in market volume year over year.
Future trends to watch for include:
- Potential shifts in consumer preferences towards craft and specialty beers, which may impact overall market volume.
- Increased health consciousness leading to a rise in demand for low-alcohol or alcohol-free beer options.
- An increased focus on sustainability and local sourcing in beer production and packaging.
- Potential regulatory changes affecting alcohol consumption and advertising in Estonia.
How does Estonia rank in Beer Market Size Volume?
| # | 21 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 6,778,400,000 | 2023 | -0.89% | -2.54% | View data |
| 2 | 2 United Kingdom | 5,034,600,000 | 2023 | -0.46% | -0.18% | View data |
| 3 | 3 Spain | 4,436,500,000 | 2023 | +1.85% | +1.95% | View data |
| 4 | 4 Poland | 3,482,100,000 | 2023 | -1.17% | -1.83% | View data |
| 5 | 5 France | 2,527,800,000 | 2023 | +1.58% | +1.7% | View data |
| 19 | 19 Lithuania | 265,380,000 | 2023 | -1.5% | -0.45% | View data |
| 20 | 20 Latvia | 160,750,000 | 2023 | +0.39% | -0.22% | View data |
| 21 | 21 Estonia | 95,529,000 | 2023 | -0.89% | -1.97% | |
