Descending beer consumption in the last two years
The economic crisis has reached the Hungarian brewing industry, the total sales of the brewers decresed by 7 percent compared to the results of previous year.
According to the informations of the Hungarian Brewery Association, the total sales of the Hungarian brewers in 2008 was 7.181 million hectoliters, while the previous year it was 7.7 million hectoliters – reports ProfitLine.hu. Export outstandingly, increased by 73 percent, but domestic sales decreased by around 10 percent. Due to the declining sales last year, the brewing industry paid 5 billion HUF less tax last year about 57 billion forints compared to the datas of the year before. Less beer ordered in restaurants than bought at the retail market. This is greatly decreases the profits of brewers and even at the end of the year in some plants a slight loss may occur in the results. The Hungarian Brewery Association expects the beer market continues to shrink due to the negative impact of economic environment. According to the projections beer consumption will decrease by a minimum of 5 percent this year.
Related news
Related news
What makes us add the product to the cart – research
The latest joint research by PwC and Publicis Groupe Hungary…
Read more >Energy drinks are now legal: what every shopkeeper should know
New regulations on the sale of energy drinks came into…
Read more >The prices of household and hygiene products can also be tracked in the Price Watch
The online Price Monitoring System operated by the Hungarian Competition…
Read more >