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Beverage
Industry 2024

Evaluating price movements and associated raw material costs

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CONTENTS

Inflation
2024 Half yearly report
Beverage Production Trends
Beverage Packaging

Introduction

Given the extensive use of various ingredients and raw materials from around the world, it is essential to stay ahead of market trends and dynamics in Europe's beverage industry, a vital sector of the global economy.

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Global events shaping Europe's beverage industry, from economic pressures to changing consumer preferences.

Beverage Trends

Analyzing costs, material substitutions, and Expana's benchmarks for greater transparency in glass container spending.

Packaging Costs

Exploring shifting preferences towards non-alcoholic drinks, health-conscious choices, and the rising interest in fruit juices.

Consumer Choices

Assessing barley, orange juice, and apple juice markets amid Europe's volatile weather and economic challenges.

Raw Materials

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2024 Half-yearly Report

Given the extensive use of various ingredients and raw materials from around the world, it is essential to stay ahead of market trends and dynamics in Europe's beverage industry, a vital sector of the global economy.

Jan

Feb

Mar

Apr

Jun

May

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Macroeconomy, consumer and production trends in the beverage and packaging industries

Inflation movements have dominated headlines in recent years, as shocks to supply chains following the COVID-19 pandemic and the Russia-Ukraine war resulted in a significant increase in the costs consumers paid for goods.

INFLATION

Europe Beverage Production Trends

Examining production dynamics, market shifts, and key factors shaping the beverage industry's future in Europe.

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Market Share

Changes in beverage production volumes due to market demand fluctuations.

Eu Beverage Production

EU beverage production was hit by the pandemic shock in 2020, collapsing by 9% y-o-y, according to Eurostat. The drop in beverage production was due to a major fall in consumption attributable to pandemic-related disruptions, such as restaurant closures or restrictions on the number of people at a table.

DEMOGRAPHIC

The Role of Glass in Beverage Packaging

Glass remains a premium packaging choice, offering sustainability and superior taste, but rising production costs and market volatility challenge its dominance in the beverage industry.

Expana's industry benchmarks reveal glass packaging costs, shedding light on its premium appeal and sustainability benefits

Cost Transparency

Escalating glass costs have driven beverage producers to explore aluminium and plastic alternatives, balancing affordability with product

Material Substitution

Natural gas prices, accounting for 30% of glass production costs, have caused significant volatility, challenging manufacturers amid supply chain

Energy Volatility