The Slovakian beer market demonstrated a fluctuating trend from 2013 to 2023, peaking in 2013 with a value of 334.55 million Euros and facing declines amidst slight recoveries. By 2023, the market was valued at 305.92 million Euros. Notably, year-on-year variations indicated volatility, with significant shifts in certain years like 2014 (-14.25%) and brighter moments in 2022 (5.68%). Over the last five years, the market saw a negative compound annual growth rate of -0.68%, signaling a period of overall contraction.
Future trends to watch for:
- Impact of emerging craft beer breweries shaping consumer preferences.
- Potential economic factors influencing discretionary spending on alcohol.
- Sustainability and low-alcohol varieties aligning with global health trends.
How does Slovakia rank in Beer Market Size Value?
| # | 20 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,281,600,000 | 2023 | +0.19% | -0.56% | View data |
| 2 | 2 Spain | 6,450,900,000 | 2023 | +1.75% | +0.85% | View data |
| 3 | 3 United Kingdom | 5,969,700,000 | 2023 | -0.52% | +0.47% | View data |
| 4 | 4 Italy | 4,107,400,000 | 2023 | +1.29% | +0.24% | View data |
| 5 | 5 Poland | 2,841,700,000 | 2023 | -2.18% | -0.87% | View data |
| 16 | 16 Bulgaria | 358,720,000 | 2023 | +0.64% | +0.62% | View data |
| 17 | 17 Lithuania | 350,880,000 | 2023 | +6.45% | +1.49% | View data |
| 18 | 18 Slovakia | 305,920,000 | 2023 | +0.88% | -0.68% | |
| 19 | 19 Latvia | 123,100,000 | 2023 | +0.13% | -0.9% | View data |
| 20 | 20 Estonia | 106,340,000 | 2023 | -0.12% | +0.38% | View data |
