Beer Market Overview in Estonia
In value terms, beer production fell slightly to $ in 2019 estimated in export prices. In general, production showed a slight decrease. The most prominent rate of growth was recorded in 2011 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2014; however, from 2015 to 2019, production remained at a lower figure.
The value of the beer market in Estonia expanded remarkably to $ in 2019, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a noticeable downturn. Over the period under review, the market reached the peak level at $ in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.