Ireland - Gin And Geneva - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGin and Geneva Price in Ireland - 2023
Contents:
- Gin and Geneva Price in Ireland (FOB) - 2022
- Gin and Geneva Price in Ireland (CIF) - 2023
- Gin and Geneva Exports in Ireland
- Gin and Geneva Imports in Ireland
Gin and Geneva Price in Ireland (FOB) - 2022
In 2022, the average gin and geneva export price amounted to $9.9 per litre, growing by 11% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 62%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($27 per litre), while the average price for exports to China ($1.3 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.
Gin and Geneva Price in Ireland (CIF) - 2023
In June 2023, the average gin and geneva import price amounted to $7.4 per litre, declining by -33.6% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 90% against the previous month. The import price peaked at $11.2 per litre in May 2023, and then fell remarkably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($18.5 per litre), while the price for Germany ($3.1 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Gin and Geneva Exports in Ireland
Gin and geneva exports from Ireland surged to 2.5M litres in 2022, picking up by 23% against the year before. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, gin and geneva exports soared to $25M in 2022. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 54% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Gin and Geneva in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.3 | 4.7 | N/A | 13.8 | 47.5% |
| United Kingdom | 2.3 | 2.8 | N/A | 1.7 | -9.6% |
| Netherlands | 0.4 | 0.6 | N/A | 1.0 | 35.7% |
| Germany | 1.0 | 0.6 | N/A | 1.0 | 0.0% |
| Latvia | N/A | N/A | N/A | 0.9 | 0% |
| Canada | 0.2 | 0.3 | N/A | 0.8 | 58.7% |
| Turkey | N/A | N/A | N/A | 0.7 | 0% |
| Italy | 0.1 | 0.2 | N/A | 0.6 | 81.7% |
| Australia | 0.3 | 0.5 | N/A | 0.4 | 10.1% |
| Poland | N/A | 0.1 | N/A | 0.4 | 100.0% |
| France | 0.6 | 0.2 | N/A | 0.2 | -30.7% |
| China | 0.1 | 0.2 | N/A | 0.2 | 26.0% |
| Others | 1.5 | 1.6 | 18.2 | 3.0 | 26.0% |
| Total | 10.9 | 11.8 | 18.2 | 24.8 | 31.5% |
Top Export Markets for Gin and Geneva from Ireland in 2022:
- Turkey (518.7K litres)
- United States (503.9K litres)
- United Kingdom (323.3K litres)
- Germany (238.6K litres)
- China (175.2K litres)
- Latvia (112.3K litres)
- Netherlands (87.1K litres)
- Italy (66.2K litres)
- Canada (62.3K litres)
- Poland (42.1K litres)
- Australia (32.7K litres)
- France (21.8K litres)
Gin and Geneva Imports in Ireland
In 2022, supplies from abroad of gin and geneva decreased by -5.2% to 1.8M litres, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 47% against the previous year. As a result, imports attained the peak of 4.3M litres. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, gin and geneva imports rose notably to $11M in 2022. In general, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. As a result, imports reached the peak of $18M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Gin and Geneva in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 13.8 | 15.7 | N/A | 8.4 | -15.3% |
| Germany | 1.1 | 1.3 | N/A | 1.0 | -3.1% |
| China | 0.1 | 0.3 | N/A | 0.7 | 91.3% |
| Netherlands | 0.2 | 0.1 | N/A | 0.5 | 35.7% |
| Others | 0.5 | 0.4 | 10.0 | 0.4 | -7.2% |
| Total | 15.6 | 17.8 | 10.0 | 10.9 | -11.3% |
Top Suppliers of Gin and Geneva to Ireland in 2022:
- United Kingdom (941.0K litres)
- Germany (332.9K litres)
- China (286.7K litres)
- Netherlands (151.9K litres)
This report provides an in-depth analysis of the gin and geneva market in Ireland. 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 2030.
Product coverage:
- Prodcom 11011050 - Gin and geneva (important: excluding alcohol duty)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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