The vodka market size in Hungary exhibited fluctuations over the last decade, reaching 24.341 million euros in 2023. Notable dips occurred in 2015 and 2016, but the market rebounded with an upward trend post-2017. Over the last two years, the market experienced modest growth with a year-on-year increase of 2.14% in 2023, following a 1.2% rise in 2022. The five-year compound annual growth rate (CAGR) stands at 0.5%, indicating steady growth from 2018 to 2023.
Future trends to watch for:
- Sustainable and organic vodka production gaining attention.
- Premiumization and innovation driving consumer interest.
- Impact of regulatory changes and economic conditions on consumption patterns.
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 631,330,000 | 2023 | +0.016% | +0.4% | View data |
| 2 | 2 Germany | 209,890,000 | 2023 | +1.61% | +0.56% | View data |
| 3 | 3 Romania | 82,471,000 | 2023 | +2.02% | -0.057% | View data |
| 4 | 4 Bulgaria | 49,926,000 | 2023 | +1.45% | +3.18% | View data |
| 5 | 5 Czech Republic | 48,955,000 | 2023 | -0.049% | +1.87% | View data |
| 7 | 7 Lithuania | 37,655,000 | 2023 | -3.93% | -3.42% | View data |
| 8 | 8 Ireland | 27,161,000 | 2023 | +2.14% | +3.01% | View data |
| 9 | 9 Hungary | 24,341,000 | 2023 | +2.14% | +0.5% | |
| 10 | 10 Austria | 20,762,000 | 2023 | -0.82% | -2.05% | View data |
| 11 | 11 Estonia | 20,319,000 | 2023 | -2.47% | -0.36% | View data |
