Return of the beer bottle
In Hungary the beer market is rather static, the yearly turnover is 7.5 million hectoliters (6.9 domestic and 5-600 thousand foreign production). The low-price segment (at present with 15% market share) has widened, while the middle-price segment has decreased. With the EU accession the market has become more open, with an increased number of foreign producers present. Since the excise tax has by now reached the Austrian level, the income-productivity has dropped, while producers are trying to cut their costs (cut-back on the number of employees, smaller budget for marketing purposes). The consumption is not growing, thus finding a breakout is highly difficult. The former increase of sales in alcoholic beverages has stopped. We will see a slightly growing demand for specialities – this segment might be worth considering, but concerning the whole market, these volumes are not significant. The annual beer-consumption in Hungary is relatively low, 75 l per capita, partly because consumption by women is not significant.
Related news
Related news
OKSZ: the margin stop has achieved the desired effect, it can be exited
The average basket value of the foods affected by the…
Read more >Escalating tariff war and search for new markets: European food exports in a difficult situation
The announcement of US punitive tariffs and the escalation of…
Read more >Pro Form Ltd. and the University of Technology have developed an increased heat-resistant PET packaging material
Pro-Form Industrial and Commercial Ltd. has jointly developed a PET…
Read more >