The Hungarian beer market has shown fluctuations in volume from 2013 to 2023. The volume peaked in 2021 at 745.74 million liters after rebounding from a significant dip in 2020. By 2023, it slightly increased to 719.43 million liters, showing a modest 0.49% year-on-year growth. Over the past five years, the compound annual growth rate (CAGR) has been just 0.1%, highlighting a relatively stagnant trend in recent years.
Future trends to watch for include:
- Rising consumer preferences for craft and premium beers could drive niche growth.
- Potential impacts from economic fluctuations affecting consumer spending habits.
- Increased focus on sustainability and health-conscious products may influence market dynamics.
How does Hungary 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 |
| 9 | 9 Netherlands | 1,374,600,000 | 2023 | +1.85% | -0.22% | View data |
| 10 | 10 Austria | 843,530,000 | 2023 | -0.17% | -0.34% | View data |
| 11 | 11 Hungary | 719,430,000 | 2023 | +0.49% | +0.1% | |
| 12 | 12 Portugal | 629,000,000 | 2023 | +0.88% | -0.34% | View data |
| 13 | 13 Sweden | 557,100,000 | 2023 | +0.75% | -0.17% | View data |
