Spirits and Liqueurs Market

Spirits and liqueurs market: download recently published datasets provided by an Ai-driven BI tool. Data cover trade, imports, market prices, production, exports, consumption, market size, and companies. Here is a breakdown by country, including the U.K., the U.S., China, EU, Russia, Latin America, the Middle East, and Africa. Market dynamics and outlook to 2030 are also featured in the dashboards.

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Spirits and Liqueurs - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Japan.

In China, the spirits and liqueurs market increased at an average annual rate of +4.8% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+4.5% per year) and Japan (+3.4% per year).

Spirits And Liqueurs Prices

Spirits and Liqueurs - Top Importers

In value terms, the United States ($8.7B) constitutes the largest market for imported spirits, liqueurs and other spirituous beverages worldwide, comprising 30% of global imports. The second position in the ranking was occupied by Germany ($1.5B), with a 5.2% share of global imports. It was followed by China, with a 5% share.

In the United States, spirits and liqueurs imports remained relatively stable over the period from 2018-2020. In the other countries, the average annual rates were as follows: Germany (-8.5% per year) and China (+0.5% per year).

Spirits and Liqueurs - Top Exporters

In value terms, the largest spirits and liqueurs supplying countries worldwide were the UK ($6.3B), France ($4.5B) and Mexico ($2.4B), together accounting for 47% of global exports. These countries were followed by the United States, Italy, Germany, the Netherlands, Spain, Latvia, Belgium, Canada, Russia and South Korea, which together accounted for a further 28%.

Latvia (+55.0% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Spirits and Liqueurs - Market Forecast

Driven by increasing demand for spirits and liqueurs worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Spirits and Liqueurs - Top Companies

DORRIEN ESTATE WINERY PTY LTD, KENNEDY CORPORATION HOLDINGS PTY LIMITED, KOKSHETAUSKIE MINERALNYE VODY, AO, Kweichow Moutai Co., Ltd., Constellation Brands, Inc., DiVino AG, Wuliangye Yibin Co., Ltd., Brown-Forman Corporation, Brown-Forman Corporation, Jiangsu Yanghe Brewery Joint-stock Co., Ltd., Diageo North America Inc., E. & J. Gallo Winery, TAIWAN TOBACCO & LIQUOR CORPORATION, SUNTORY SPIRITS LIMITED, BREWING HOLDINGS PTY LTD, BREWING INVESTMENTS PTY LTD, QUEENSLAND BREWERIES PTY LTD, FOSTER'S GROUP PTY LTD, M H C S, TREASURY WINE ESTATES VINTNERS LIMITED

Spirits and Liqueurs - Product Coverage

• HS 220820 - Spirits obtained by distilling grape wine or grape marc
• HS 220830 - Whiskies
• HS 220840 - Rum and tafia
• HS 220850 - Gin and geneva
• HS 220860 - Vodka
• HS 220870 - Liqueurs and cordials
• HS 220890 - Spirits, liqueurs and other spirituous beverages; n.e.s. in heading no. 2208

Source: IndexBox Market Intelligence Platform