Slovakia: Beer Market 2024

Beer Market Size in Slovakia

The Slovak beer market was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption, however, saw a perceptible reduction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Beer Production in Slovakia

In value terms, beer production stood at $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by 10% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Beer Exports

Exports from Slovakia

Beer exports from Slovakia surged to X tons in 2022, growing by 65% against the previous year's figure. Over the period under review, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2020 when exports increased by 298%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, beer exports surged to $X in 2022. In general, exports recorded a pronounced expansion. The most prominent rate of growth was recorded in 2020 with an increase of 225% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Hungary (X tons) was the main destination for beer exports from Slovakia, accounting for a 57% share of total exports. Moreover, beer exports to Hungary exceeded the volume sent to the second major destination, the Czech Republic (X tons), threefold. Ukraine (X tons) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume to Hungary stood at +15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-2.2% per year) and Ukraine (+106.5% per year).

In value terms, Hungary ($X), Ukraine ($X) and the Czech Republic ($X) constituted the largest markets for beer exported from Slovakia worldwide, with a combined 86% share of total exports.

Among the main countries of destination, Ukraine, with a CAGR of +111.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average beer export price stood at $X per ton in 2022, declining by -24.9% against the previous year. Overall, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2015 when the average export price increased by 31% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Beer Imports

Imports into Slovakia

In 2022, approx. X tons of beer were imported into Slovakia; with an increase of 8.3% on 2021. In general, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.8% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 32% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, beer imports reduced to $X in 2022. Overall, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.7% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of 46% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest supplier of beer to Slovakia, accounting for a 89% share of total imports. It was followed by Poland (X tons), with a 2.8% share of total imports. Germany (X tons) ranked third in terms of total imports with a 1.5% share.

From 2012 to 2022, the average annual growth rate of volume from the Czech Republic totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-9.6% per year) and Germany (+0.6% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of beer to Slovakia, comprising 85% of total imports. The second position in the ranking was held by Poland ($X), with a 2.4% share of total imports. It was followed by Germany, with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Czech Republic amounted to +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-10.4% per year) and Germany (+3.0% per year).

Import Prices by Country

In 2022, the average beer import price amounted to $X per ton, reducing by -8.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 14%. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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