Barley beer production in Spain stood at 4.0769 million metric tons in 2023. Over the past decade, the production witnessed fluctuations, peaking at 4.0769 million metric tons in 2023. From 2013 to 2019, the production saw a gradual upward trend, marked by year-on-year variations ranging from -0.91% to 4.87%. The significant dip of -15.87% in 2020 was attributed to the pandemic's disruptions. However, recovery was evident in 2021 with a robust 15.97% increase and continued growth through 2023. The last five-year CAGR averaged at 1.22%, indicating moderate growth momentum.
Future Trends to Watch For:
- Forecast data suggests a continued upward trajectory till 2028, with a forecasted 5-year CAGR of 0.99%.
- Increased consumer preference for craft and specialty barley beers may drive higher value offerings.
- The transition towards sustainable and eco-friendly production practices could influence production capacities.
- Adaptation to climate change impacts on barley yield and quality.
- Potential regulatory changes and their impact on production costs and market dynamics.