In 2023, Poland led the European Food, Beverages, and Tobacco Product Production Index with a value of 14.32, followed by Hungary and Lithuania, both demonstrating significant increases. Poland and Hungary displayed notable year-on-year growth at over 5% by the end of 2022. Conversely, key markets like Germany and the Netherlands saw declines, with Germany reporting a negative trend of 0.39%. Over the past five years, Eastern European countries have emerged as growth leaders, whereas Western European nations showed more stability with slight fluctuations.
Future trends to watch:
- Eastern Europe is expected to continue its robust growth trajectory, driven by economic modernization and export expansion.
- Western Europe's stable markets may face challenges from increasing competition and sustainability demands.
- Emphasis on health, wellness, and sustainability could lead to innovation-driven shifts in production values across Europe.
Top countries in Food, Beverages and Tobacco Products Production Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 143.2 | 2022 | +9.31% | +5.08% | View data |
| 2 | 2 Hungary | 131.1 | 2022 | +7.46% | +5.13% | View data |
| 3 | 3 Lithuania | 121 | 2022 | +3.51% | +3.46% | View data |
| 4 | 4 Romania | 119.4 | 2022 | +2.67% | +1.4% | View data |
| 5 | 5 Switzerland | 115.8 | 2022 | +3.76% | +2.59% | View data |
| 6 | 6 Austria | 112.9 | 2022 | +7.93% | +1.99% | View data |
| 7 | 7 Denmark | 112.9 | 2022 | +0.089% | +0.93% | View data |
| 8 | 8 Belgium | 112.7 | 2022 | +2.45% | +1.21% | View data |
| 9 | 9 Bulgaria | 111.9 | 2022 | +7.8% | +2.25% | View data |
| 10 | 10 Greece | 110.8 | 2022 | +4.23% | +1.79% | View data |
