The European Food, Beverages, and Tobacco Products Turnover Index reveals significant growth in Poland and Romania, topping the index at 19.49 and 18.08 respectively, for 2024. Other countries such as Lithuania, Latvia, and Portugal also demonstrated robust performance. Notably, Switzerland and Finland held lower index positions, reflecting more moderate turnover growth.
Year-on-year variations from 2022 to 2023 show Poland and Romania leading with increases of approximately 10.99% and 10.49%, highlighting dynamic market conditions in these regions. Growth variation was more restrained in countries like Finland and Switzerland, with rates around 3.48% and 3.57%, implying steady growth.
Future trends to watch include emerging market influences on turnover, particularly in Eastern Europe where increasing consumer spending power might lead to further growth. Continued economic recovery and changing consumer habits post-pandemic across Europe will be crucial drivers of turnover in this sector.
Top countries in Food, Beverages and Tobacco Products Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 194.9 | 2022 | +32.77% | +10.99% | View data |
| 2 | 2 Romania | 180.8 | 2022 | +22.24% | +10.49% | View data |
| 3 | 3 Lithuania | 153.9 | 2022 | +22.24% | +7.66% | View data |
| 4 | 4 Latvia | 148.2 | 2022 | +22.58% | +6.22% | View data |
| 5 | 5 Portugal | 141.7 | 2022 | +23.65% | +5.8% | View data |
| 6 | 6 Spain | 139.6 | 2022 | +18.71% | +5.35% | View data |
| 7 | 7 Greece | 138.7 | 2022 | +20.82% | +6.36% | View data |
| 8 | 8 Netherlands | 136.9 | 2022 | +21.69% | +5.27% | View data |
| 9 | 9 Denmark | 136 | 2022 | +13.62% | +4.53% | View data |
| 10 | 10 Austria | 133.1 | 2022 | +18.31% | +5.38% | View data |
