Understand the key trends shaping demand and future opportunities...
Understand the key trends shaping demand and future opportunities across industries in Eastern Europe, with the latest regional and country-level analysis and market statistics.
2022 was a tough year for alcoholic drinks in Croatia as high inflation impacted discretionary spending in the year. Fortunately, this was offset by strong growth in the on-trade channel as tourism was almost at its pre-pandemic level. Rising prices…
Wine prices remained more resilient compared to other alcoholic drinks categories in 2022. This was thanks to a strong supply from previous years and fierce price competition from imported wine. This helped wine to stay competitive. Additionally,…
On-trade wine sales enjoyed a strong recovery in 2022, pushing overall wine volumes sales well above pre-pandemic levels. A significant recovery was seen in the Horeca channel as all COVID-19 restrictions were removed for the full year. There is a…
The grape harvest of 2022 proved to be mostly disappointing for vineyards, with extreme droughts negatively impacting overall yields. However, the warmer weather, comparable to Southern European regions, allowed wine makers to produce more speciality…
Wine saw healthy growth in total volume terms in 2022 with sales boosted by a further recovery in sales through the on-trade. With COVID-19 fears subsiding and restrictions lifted consumers started to return to their old pre-pandemic lifestyles which…