Eastern Europe: Soft Drink Market 2024

Soft Drink Market Size in Eastern Europe

In 2023, after two years of growth, there was significant decline in the East European soft drink market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Soft Drink Production in Eastern Europe

In value terms, soft drink production rose rapidly to $X in 2023 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2023, production failed to regain momentum.

Soft Drink Exports

Exports in Eastern Europe

After three years of growth, shipments abroad of soft drinks decreased by X% to X litres in 2023. In general, exports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of export peaked at X litres in 2022, and then reduced in the following year.

In value terms, soft drink exports surged to $X in 2023. Overall, exports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports attained the maximum in 2023 and are expected to retain growth in the immediate term.

Exports by Country

Poland represented the key exporting country with an export of about X litres, which recorded X% of total exports. The Czech Republic (X litres) took the second position in the ranking, followed by Russia (X litres), Hungary (X litres), Romania (X litres) and Slovakia (X litres). All these countries together took near X% share of total exports. The following exporters - Ukraine (X litres) and Lithuania (X litres) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to soft drink exports from Poland stood at X%. At the same time, Russia (X%), Romania (X%), Hungary (X%), the Czech Republic (X%), Ukraine (X%), Lithuania (X%) and Slovakia (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. While the share of Poland (X p.p.), Russia (X p.p.) and Romania (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Ukraine (X p.p.), Lithuania (X p.p.), Slovakia (X p.p.) and the Czech Republic (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest soft drink supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

In Poland, soft drink exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Hungary (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per litre, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per litre), while Ukraine ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced more modest paces of growth.

Soft Drink Imports

Imports in Eastern Europe

Soft drink imports stood at X litres in 2023, picking up by X% compared with the previous year. Over the period under review, imports recorded resilient growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. The volume of import peaked in 2023 and is likely to see gradual growth in the near future.

In value terms, soft drink imports surged to $X in 2023. In general, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Slovakia (X litres), Poland (X litres), the Czech Republic (X litres), Hungary (X litres), Russia (X litres), Romania (X litres), Lithuania (X litres) and Bulgaria (X litres) represented the main importer of soft drinks in Eastern Europe, committing X% of total import.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Russia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Romania ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports.

Romania, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per litre, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per litre), while Hungary ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform