Luxembourg - Vodka - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Spirits, Liqueurs and Other Spirituous Beverages in Luxembourg - 2023
Contents:
- Price for Spirits, Liqueurs and Other Spirituous Beverages in Luxembourg (CIF) - 2023
- Price for Spirits, Liqueurs and Other Spirituous Beverages in Luxembourg (FOB) - 2023
- Imports of Spirits, Liqueurs and Other Spirituous Beverages in Luxembourg
- Exports of Spirits, Liqueurs and Other Spirituous Beverages in Luxembourg
Price for Spirits, Liqueurs and Other Spirituous Beverages in Luxembourg (CIF) - 2023
In September 2023, the average import price for spirits, liqueurs and other spirituous beverages amounted to $3.3 per litre, picking up by 7.9% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 11% month-to-month. Over the period under review, average import prices hit record highs in September 2023.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Germany ($3.8 per litre) and France ($3.6 per litre), while the price for Belgium ($3.2 per litre) and the Netherlands ($3.5 per litre) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spirits, Liqueurs and Other Spirituous Beverages in Luxembourg (FOB) - 2023
In September 2023, the average export price for spirits, liqueurs and other spirituous beverages amounted to $3.8 per litre, waning by -17.7% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 22% month-to-month. Over the period under review, the average export prices hit record highs at $4.6 per litre in August 2023, and then dropped remarkably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($4.5 per litre), while the average price for exports to France ($2.2 per litre) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Spirits, Liqueurs and Other Spirituous Beverages in Luxembourg
In 2022, imports of spirits, liqueurs and other spirituous beverages into Luxembourg surged to 30M litres, with an increase of 17% compared with the previous year's figure. The total import volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of spirits, liqueurs and other spirituous beverages amounted to $87M in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Spirits, Liqueurs and Other Spirituous Beverages in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 17.9 | 42.3 | 52.2 | 56.3 | 46.5% |
| Germany | 6.2 | 17.0 | 22.9 | 23.2 | 55.3% |
| France | 15.8 | 2.3 | 2.3 | 3.6 | -38.9% |
| Italy | 10.1 | 0.7 | 0.8 | 0.8 | -57.1% |
| Ireland | 7.2 | N/A | N/A | N/A | 0% |
| Others | 12.4 | 4.7 | 4.7 | 3.4 | -35.0% |
| Total | 69.6 | 67.0 | 83.0 | 87.3 | 7.8% |
Top Suppliers of Spirits, Liqueurs and Other Spirituous Beverages to Luxembourg in 2022:
- Belgium (20.7M litres)
- Germany (7.0M litres)
- France (1.1M litres)
- Italy (0.2M litres)
Exports of Spirits, Liqueurs and Other Spirituous Beverages in Luxembourg
For the fourth year in a row, Luxembourg recorded growth in shipments abroad of spirits, liqueurs and other spirituous beverages, which increased by 5.5% to 6.6M litres in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, exports of spirits, liqueurs and other spirituous beverages declined to $24M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 57% against the previous year. As a result, the exports reached the peak of $25M, and then declined in the following year.
| Export of Spirits, Liqueurs and Other Spirituous Beverages in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 12.9 | 11.8 | 19.4 | 17.3 | 10.3% |
| Germany | 0.2 | 0.3 | 1.7 | 2.6 | 135.1% |
| Netherlands | 0.8 | 2.1 | 2.0 | 1.8 | 31.0% |
| France | 0.6 | 0.7 | 1.3 | 1.5 | 35.7% |
| Spain | 0.2 | 0.4 | 0.3 | 0.3 | 14.5% |
| Others | 0.2 | 0.4 | 0.2 | 0.7 | 51.8% |
| Total | 14.9 | 15.8 | 24.8 | 24.3 | 17.7% |
Top Export Markets for Spirits, Liqueurs and Other Spirituous Beverages from Luxembourg in 2022:
- Belgium (4.5M litres)
- Germany (0.7M litres)
- France (0.6M litres)
- Netherlands (0.5M litres)
- Spain (0.1M litres)
This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages in Luxembourg. 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 11011063 - Vodka of an alcoholic strength by volume of . .45,4 % (important: excluding alcohol duty)
- Prodcom 11011065 - Spirits distilled from fruit (excluding liqueurs, gin, geneva, g rape wine or grape marc (important: excluding alcohol duty))
- Prodcom 11011070 - Pure alcohols (important: excluding alcohol duty)
- Prodcom 11011080 - Spirits, liqueurs and other spirituous beverages (excluding spirits distilled from grape wine, grape marc or fruit/whisky, r um, tafia, gin and geneva, spirits distilled from fruit)
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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.
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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
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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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