The beer market in Austria showed a fluctuating trend between 2012 and 2022. In 2012, the beer market size was 863.76 million liters, which increased to 892.85 million liters by 2016 but saw a dip to 703.76 million liters in 2020 due to the impact of the global pandemic. In 2022, the market partially recovered to 844.96 million liters. The period's compound annual growth rate (CAGR) remained low, with notable dips in the years 2014 and 2020. The most significant decline occurred in 2020 with a year-on-year decrease of 16.48%.
Looking towards the future, the trend to watch in the Austrian beer market includes a potential continued recovery post-pandemic. Factors such as changing consumer preferences, innovations in low-alcohol and craft beers, sustainability trends, and economic conditions will play essential roles in shaping the market dynamics. Market players should focus on diversification and staying attuned to evolving consumer expectations.
How does Austria 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 |
| 8 | 8 Czech Republic | 1,540,000,000 | 2023 | +0.25% | -0.25% | 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% | |
| 11 | 11 Hungary | 719,430,000 | 2023 | +0.49% | +0.1% | View data |
| 12 | 12 Portugal | 629,000,000 | 2023 | +0.88% | -0.34% | View data |
