EU - Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Market Analysis, Forecast, Size, Trends and Insights
Alcohol Market - Total EU Imports of Alcohols Decrease the Second Consecutive Year
Photo: © darrenmbaker / Bigstockphoto
Total imports of alcohol and its derivatives by EU Member States have been steadily declining over the past two years, finally slipping to 7,715 million EUR in 2015. A sharp fall in 2009 was followed by rapid growth over the next three years, until the growth lost its momentum by 2013. The data on the EU trade with non-EU countries displayed that the EU remains a net importer of alcohol and its derivatives.
The Netherlands (17%), Germany (17%), Belgium (15%), and Italy (10%) were the largest importers on the alcohol market and its derivatives among the Member States, together comprising 58% of the total EU imports. Germany's and Italy's (-3 percentage points each) shares illustrated negative dynamics, while the shares of the Netherlands (+4 percentage points) and Belgium (+3 percentage points) increased from 2007 to 2015.
A little over half of the total EU imports were shared between the EU Member States, while extra-EU imports accounted for about 43%. In 2015, the value of extra-EU imports of alcohol and its halogenated, sulphonated, nitrated, or nitrosated derivatives stood at 3,291 million USD, which was 1% less than the year before.
On the other hand, the share of extra-EU imports in total apparent consumption of alcohol and its derivatives by the EU reached a peak in the recent years. In 2015, about 44% of European consumption was supplied by non-EU countries, in particular Russia, the U.S., and Saudi Arabia. Despite the decline in total EU imports, the significant share of extra-EU imports is an indicator of the high attractiveness of European alcohol and its derivatives market to foreign suppliers.
Do you want to know more about the EU alcohol market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- alcohol market share
- alcohol prices
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- alcohol sales
- alcohol market forecast
- alcohol price forecast
- key alcohol producers
Source: EU: Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Market Report. Analysis And Forecast To 2020
Source: IndexBox AI Platform
This report provides an in-depth analysis of the alcohols market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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