U.S. - Vodka - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpirits, Liqueurs And Other Spirituous Beverages Prices in the United States
U.S. Spirits, Liqueurs And Other Spirituous Beverages Import Price in June 2022
In June 2022, the spirits, liqueurs and other spirituous beverages price stood at $15 per litre (CIF, US), shrinking by -6.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2022 an increase of 3.2% against the previous month. Over the period under review, average import prices attained the maximum at $16 per litre in May 2022, and then dropped in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2022, the country with the highest price was France ($18 per litre), while the price for Canada ($4.9 per litre) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
U.S. Spirits, Liqueurs And Other Spirituous Beverages Imports
In August 2022, purchases abroad of spirits, liqueurs and other spirituous beverages decreased by -1.4% to 47M litres, falling for the second consecutive month after six months of growth. The total import volume increased at an average monthly rate of +5.2% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in March 2022 with an increase of 17% against the previous month. Over the period under review, imports of reached the peak figure at 48M litres in June 2022; however, from July 2022 to August 2022, imports remained at a lower figure.
In value terms, imports of spirits, liqueurs and other spirituous beverages expanded rapidly to $753M (IndexBox estimates) in August 2022. The total import value increased at an average monthly rate of +6.2% from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in March 2022 when imports increased by 17% m-o-m. Imports peaked at 754M litres in May 2022; however, from June 2022 to August 2022, imports stood at a somewhat lower figure.
U.S. Spirits, Liqueurs And Other Spirituous Beverages Imports by Country
In June 2022, Mexico (28M litres) constituted the largest supplier of spirits, liqueurs and other spirituous beverages to the United States, with a 58% share of total imports. Moreover, imports of spirits, liqueurs and other spirituous beverages from Mexico exceeded the figures recorded by the second-largest supplier, France (4.7M litres), sixfold. Canada (3.9M litres) ranked third in terms of total imports with an 8.2% share.
From January 2022 to June 2022, the average monthly rate of growth in terms of volume from Mexico amounted to +11.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+4.5% per month) and Canada (-0.5% per month).
In value terms, Mexico ($487M) constituted the largest supplier of spirits, liqueurs and other spirituous beverages to the United States, comprising 68% of total imports. The second position in the ranking was held by France ($85M), with a 12% share of total imports. It was followed by the Netherlands, with a 3.6% share.
From January 2022 to June 2022, the average monthly growth rate of value from Mexico totaled +10.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+1.7% per month) and the Netherlands (+2.3% per month).
This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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The establishment of duties on alcohol trade between the U.S. and the EU has led to a sharp drop in the export of American spirits. A further increase in the EU import duty on US whiskey may facilitate this decline. Alcohol imports from the EU to the American market also dropped, but this was compensated by increasing purchases from Mexico. The temporary suspension of duties on alcohol should help boost the U.S.-EU trade. The key trends in the American spirits and liquor market include the growing popularity of ready-to-drink beverages and the increasing demand for luxury spirits and alcohol, as well as beer and flavored malt beverages.
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In August 2022, the average whisky import price amounted to $8.6K per thousand litres, picking up by 8.2% against the previous month.
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The average whisky import price stood at $9 per litre in June 2022, picking up by 6.4% against the previous month
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In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
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In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
