Spain - Vodka - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Spirits, Liqueurs and Other Spirituous Beverages in Spain - 2023
Contents:
- Price for Spirits, Liqueurs and Other Spirituous Beverages in Spain (FOB) - 2023
- Price for Spirits, Liqueurs and Other Spirituous Beverages in Spain (CIF) - 2023
- Exports of Spirits, Liqueurs and Other Spirituous Beverages in Spain
- Imports of Spirits, Liqueurs and Other Spirituous Beverages in Spain
Price for Spirits, Liqueurs and Other Spirituous Beverages in Spain (FOB) - 2023
In September 2023, the average export price for spirits, liqueurs and other spirituous beverages amounted to $2.9 per litre, shrinking by -13.9% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 28% against the previous month. The export price peaked at $4.3 per litre in March 2023; however, from April 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($10.0 per litre), while the average price for exports to the Philippines ($1.7 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 Chile (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Spirits, Liqueurs and Other Spirituous Beverages in Spain (CIF) - 2023
The average import price for spirits, liqueurs and other spirituous beverages stood at $4.7 per litre in September 2023, approximately reflecting the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in March 2023 an increase of 23% m-o-m. Over the period under review, average import prices hit record highs at $5.5 per litre in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($6.1 per litre), while the price for the United States ($1.8 per litre) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Spirits, Liqueurs and Other Spirituous Beverages in Spain
In 2022, the amount of spirits, liqueurs and other spirituous beverages exported from Spain skyrocketed to 200M litres, increasing by 23% on 2021 figures. Overall, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 74%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, exports of spirits, liqueurs and other spirituous beverages surged to $564M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 58%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Spirits, Liqueurs and Other Spirituous Beverages in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 116 | 41.3 | 119 | 161 | 11.5% |
| Germany | 33.8 | 43.1 | 54.9 | 60.1 | 21.1% |
| United Kingdom | 28.1 | 28.9 | 38.9 | 37.2 | 9.8% |
| Netherlands | 24.4 | 19.6 | 26.5 | 27.7 | 4.3% |
| Australia | 13.5 | 20.2 | 23.0 | 23.4 | 20.1% |
| France | 11.0 | 9.7 | 18.1 | 21.9 | 25.8% |
| Portugal | 7.8 | 12.8 | 11.6 | 15.8 | 26.5% |
| Mexico | 16.2 | 11.1 | 14.4 | 15.5 | -1.5% |
| Chile | 2.9 | 4.5 | 8.4 | 6.9 | 33.5% |
| Others | 116 | 110 | 162 | 195 | 18.9% |
| Total | 369 | 301 | 476 | 564 | 15.2% |
Top Export Markets for Spirits, Liqueurs and Other Spirituous Beverages from Spain in 2022:
- Philippines (105.9M litres)
- Germany (13.5M litres)
- United Kingdom (9.6M litres)
- Portugal (8.1M litres)
- France (6.9M litres)
- Australia (6.2M litres)
- Chile (4.5M litres)
- Netherlands (4.0M litres)
- Mexico (2.9M litres)
Imports of Spirits, Liqueurs and Other Spirituous Beverages in Spain
Imports of spirits, liqueurs and other spirituous beverages into Spain skyrocketed to 77M litres in 2022, rising by 47% against 2021 figures. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of spirits, liqueurs and other spirituous beverages soared to $316M in 2022. In general, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Spirits, Liqueurs and Other Spirituous Beverages in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 21.7 | 19.0 | 24.8 | 60.8 | 41.0% |
| France | 40.3 | 34.7 | 35.0 | 52.8 | 9.4% |
| Netherlands | 55.8 | 37.2 | 44.8 | 46.9 | -5.6% |
| Italy | 27.1 | 15.5 | 24.5 | 39.2 | 13.1% |
| Germany | 32.8 | 17.7 | 29.6 | 36.6 | 3.7% |
| Sweden | 11.4 | 6.3 | 9.3 | 15.7 | 11.3% |
| Belgium | 4.2 | 2.3 | 6.8 | 9.6 | 31.7% |
| Ireland | 6.7 | 3.9 | 6.7 | 9.3 | 11.5% |
| United States | 5.5 | 0.6 | 3.0 | 7.8 | 12.4% |
| Cuba | 5.4 | 4.0 | 4.9 | 7.7 | 12.6% |
| United Kingdom | 51.5 | 23.8 | 5.7 | 7.7 | -46.9% |
| Portugal | 0.7 | 2.4 | 4.8 | 3.9 | 77.3% |
| Others | 16.1 | 11.2 | 14.5 | 18.0 | 3.8% |
| Total | 279 | 179 | 214 | 316 | 4.2% |
Top Suppliers of Spirits, Liqueurs and Other Spirituous Beverages to Spain in 2022:
- Italy (12.9M litres)
- France (11.1M litres)
- Netherlands (9.6M litres)
- Germany (9.3M litres)
- Mexico (7.4M litres)
- United States (6.2M litres)
- Sweden (3.6M litres)
- Ireland (2.8M litres)
- Portugal (2.7M litres)
- Cuba (2.6M litres)
- Belgium (2.3M litres)
- United Kingdom (2.1M litres)
This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages in Spain.
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During the period analyzed, exports of Spirits and Liqueurs peaked at 33M litres in November 2022. However, from December 2022 to September 2023, exports remained slightly lower. In terms of value, the exports of Spirits and Liqueurs significantly increased to $103M in September 2023.
271
In May 2023, the Whisky price in Spain was $5.8 per litre (CIF), showing a 4% decrease compared to the previous month.
319
In August 2022, the rum price stood at $3.8 per litre (CIF, Spain), which is down by -3.8% against the previous month.
102
Imports of Gin And Geneva peaked at 1.2M litres in November 2022; however, from December 2022 to November 2023, imports stood at a somewhat lower figure. In value terms, Gin And Geneva imports reduced markedly to $6.9M in November 2023.
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In February 2023, the gin and geneva price stood at $7.6 per litre (CIF, Spain), which is down by -1.9% against the previous month.
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