Oktoberfest

Sep 17, 2021

Oktoberfest is the world’s largest beer festival and is held annually in Munich since 1810. It lasts between 16 and 18, running from mid or late September to the first Sunday in October, with more than 6 million visitors every year. 🍺 🍺

How did beer price change over the last 33 years? And chicken price? Is there a tendency?

As we can see in the following plot, the prices have increased steadily from 1985 until 2018, being the price around three times larger in 2018 than 1985. In 1985, we could enjoy a meal at the Oktoberfest for only 7.97 euros. Three decades later, we need almost three times more money to enjoy a meal at the festival.💰

How did beer consumption change from 1985 till 2018? Is there a tendency?

The following plot shows the consumption of beer from 1985 till now. As we can observe, the consumption of beer presents a growing trend. The vertical lines indicate the years than the Oktoberfest coincided with the celebration of the Landswirtschaftsfest. This festival is celebrated every four years since 1996 (before every 3) at Theresienwiesen at the same time that Oktoberfest. We can see that small decreases in 2004, 2008, and 2012 could be related to the celebration of this festival. On the contrary, the significant decreases of consumption of beer in 2001 and 2016 could be related to the September 11 terrorist attacks in 2001, the November 2015 Paris terrorist attacks, and the 2016 Nice truck attack. The number of visitors decreased in those years (2001 and 2016), showing the lowest values since 1985.

How did chicken consumption change from 1985 till 2018? Is there a tendency?

The following plot represents the consumption of chicken from 1985 till 2018. As we can easily observe, the consumption of chicken presents a decreasing trend, and it was also affected by the terrorist attacks in 2001 and 2016.

How did the number of visitors change from 1985 till 2018? Is there a tendency?

We can easily analyze the number of visitors by using a line plot. As we can observe, the number of visitors does not follow any trend, ranging from 5.5 to 7.1. From the chart below, we can conclude that the consumption of beer is not increasing because the festival has more visitors, but because the people drink more.

Is the price of beer also increasing in other folk festivals in Bavaria?

Oktoberfest may be the most famous folk festival in Bavaria, but of course is not the only one! 🍻 The Bavarians know how to celebrate properly, and they organize festivals in many cities across Bavaria, not only in Munich ❤️! Now we will analyze the evolution of prices in other famous folk festivals in Bavaria. Have the prices also increased steadily in the last years?

As we can observe, the prices of beer are also increasing at other festivals across Bavaria. However, the prices at Oktoberfest are higher than at other folk festivals, being Dachauer Volksfest the most economical one. The prices increase more evenly at Oktoberfest than at other folk festivals, showing an increment around 3% every year. Other folk festivals present less uniform price increments; however, the increments are some years much larger than those at Oktoberfest.