Beer Market Overview in Slovakia
In value terms, beer production fell to $ in 2019 estimated in export prices. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when the production volume increased by % y-o-y. As a result, production reached the peak level of $. From 2013 to 2019, production growth remained at a somewhat lower figure.
The value of the beer market in Slovakia amounted to $ in 2019, flattening at 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). The market value increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the market value increased by % y-o-y. As a result, consumption reached the peak level of $. From 2009 to 2019, the growth of the market remained at a lower figure.