FMCG market in Czechia - statistics & facts
With its steady growth, Czechia's fast-moving consumer goods (FMCG) market offers consumers a wide range of product choices. The market is well-developed and plays a significant role in the country's economy, contributing to both employment and consumer spending. With its high competition, the FMCG sector sees major international retail chains like Lidl, Kaufland, or Tesco operating alongside domestic players such as Albert and Penny Market. Customer rankings have again placed Orion as the leading brand in the food segment, reflecting the diverse choices available to consumers.
The FMCG market in Czechia is expected to experience continued growth. Revenue is forecast to grow in all segments. However, the food segment can expect the most significant increase in the food segment. The sector is well-positioned for future expansion with a robust retail infrastructure, including international chains and local stores.
Increase in beer production after three years
Czechia's consumer trends are unique, with certain food and beverage products experiencing increased consumption. Notably, the beer produced in 2022 reached nearly 20.6 million hectoliters, marking a significant increase after three years. While the annual per capita consumption of most FMCG food and beverage products slightly dropped, milk, sugar, tea, and beer consumption increased.Czechs pay much more for oil and fats
Despite the challenges posed by the COVID-19 pandemic and the economic crisis, the FMCG market in Czechia has shown resilience. Household food expenditures are increasing, and tobacco expenditures reached almost 127 billion Czech koruna in 2022. Consumer goods and services experienced price changes, with oil and fats experiencing the most significant increase, rising by more than 70 percent compared to 2015.The basket size volume in Czechia got smaller
The importing value of meat and edible meat offal is the highest of all other consumer goods. The year-on-year growth rate of food services rose almost seven percent higher than the European average. However, the volume of basket size in Czechia decreased more than the European average. Revenue from the retail sales of bread and pastry rose by almost half a million Czech koruna compared to 2021. The most popular fast-moving consumer goods purchased via the internet are cosmetics and hygiene products.The FMCG market in Czechia is expected to experience continued growth. Revenue is forecast to grow in all segments. However, the food segment can expect the most significant increase in the food segment. The sector is well-positioned for future expansion with a robust retail infrastructure, including international chains and local stores.
