In 2023, Poland led the European Food, Beverages, and Tobacco Products Turnover Index with a value of 19.56, followed closely by Romania and Lithuania. Scandinavian and Western European countries generally had lower index values, with Finland at the bottom at 11.9.
Year-on-year growth in 2022 showed Poland's turnover rising by 10.94% and Romania by 10.41%. These Eastern European markets exhibited robust growth, while major economies like Germany and France had more modest increases of 3.71% and 4.48%, respectively.
Future trends to watch include the continuous expansion in Eastern Europe, influenced by booming local economies and consumer demand. Potential growth in Western countries may focus on premium and sustainable product segments, driven by emerging consumer preferences and regulatory developments.
Top countries in Food, Beverages and Tobacco Products Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 195.6 | 2022 | +33.33% | +10.94% | View data |
| 2 | 2 Romania | 181.1 | 2022 | +22.61% | +10.41% | View data |
| 3 | 3 Lithuania | 154 | 2022 | +22.61% | +7.74% | View data |
| 4 | 4 Latvia | 147.5 | 2022 | +22.41% | +6.2% | View data |
| 5 | 5 Portugal | 141.9 | 2022 | +23.93% | +5.79% | View data |
| 6 | 6 Spain | 140.2 | 2022 | +19.52% | +5.28% | View data |
| 7 | 7 Greece | 138.5 | 2022 | +20.75% | +6.33% | View data |
| 8 | 8 Netherlands | 137 | 2022 | +21.99% | +5.24% | View data |
| 9 | 9 Denmark | 136 | 2022 | +13.62% | +4.53% | View data |
| 10 | 10 Austria | 133 | 2022 | +18.33% | +5.27% | View data |
