Vermouth Market in the EU - Key Insights

IndexBox has just published a new report, the EU - Vermouth - Market Analysis, Forecast, Size, Trends And Insights. Here is a summary of the report's key findings.

The revenue of the vermouth market in the European Union amounted to $X in 2017, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the last decade, vermouth consumption, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2013, when the market value increased by X% y-o-y. The level of vermouth consumption peaked at $X in 2014; however, from 2015 to 2017, consumption failed to regain its momentum.

Production in the EU

In 2017, approx. X litres of vermouth were produced in the European Union; remaining stable against the previous year.

Exports in the EU

In 2017, approx. X litres of vermouth were exported in the European Union; picking up by X% against the previous year. Over the period under review, vermouth exports continue to indicate a relatively flat trend pattern.

In value terms, vermouth exports totaled $X (IndexBox estimates) in 2017.

Exports by Country

Italy was the largest exporting country with an export of around X litres, which recorded X% of total exports. Spain (X litres) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by Germany (X%) and France (X%).

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by France, while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest vermouth supplier in the European Union, comprising X% of total vermouth exports. The second position in the ranking was occupied by Spain ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

Export Prices by Country

The vermouth export price in the European Union stood at $X per litre in 2017, growing by X% against the previous year. Over the last decade, the vermouth export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013, when it surged by X% year-to-year. In that year, the export prices for vermouth attained their peak level of $X per litre. From 2014 to 2017, the growth in terms of the export prices for vermouth remained at a somewhat lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was France ($X per thousand litres), while Spain ($X per thousand litres) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Imports in the EU

In 2017, approx. X litres of vermouth were imported in the European Union; falling by -X% against the previous year.

In value terms, vermouth imports stood at $X (IndexBox estimates) in 2017.

Imports by Country

The countries with the highest levels of vermouth imports in 2017 were France (X litres), Belgium (X litres), Germany (X litres), Spain (X litres) and the UK (X litres), together recording X% of total import. It was distantly followed by Poland (X litres), making up X% share of total imports. Portugal (X litres), the Netherlands (X litres), the Czech Republic (X litres), Sweden (X litres), Austria (X litres) and Denmark (X litres) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Spain, while the other leaders experienced more modest paces of growth.

In value terms, the largest vermouth importing markets worldwide were Spain ($X), Belgium ($X) and Germany ($X), with a combined X% share of total imports.

Import Prices by Country

The vermouth import price in the European Union stood at $X per litre in 2017, flattening at the previous year. In general, the vermouth import price continues to indicate a moderate downturn.

Import prices varied noticeably by the country of destination; the country with the highest import price was Sweden ($X per thousand litres), while France ($X per thousand litres) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Poland, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform