Industry revenue of beverage serving activities in Croatia 2011-2023

Revenues generated from beverage serving activities in Croatia are expected to witness very strong growth over the decade leading up to 2023, with revenues increasing from just over 830 million U.S dollars in 2013 to over 1.4 billion U.S. dollars in 2023. One of the key factors driving this growth is the country’s large beer drinking population with Croatia being the sixth largest in Europe, according to a study by Statista. In fact the overall alcoholic drinks industry is expected to be the highest revenue generating category with an estimated turnover of 1.9 billion U.S. dollars in 2023.

The same is also true for the overall food and beverage sector, revenues in which increased from just over 1 billion Euros in 2008 to around 1.9 billion Euros in 2016. The sector is poised for robust growth over the short to medium term owing not only to rising disposable incomes and a healthy economy but also the growing popularity of the country as a tourist destination. Unsurprisingly, Zagreb and Dubrovnik witnessed the highest number of tourist arrivals in the country in 2018.

Industry revenue of beverage serving activities in Croatia from 2011 to 2023

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Sources

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Croatia. The industry “beverage serving activities“ has the code “I563“.

Details on the methodology can be found here.

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