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Report Czech Republic - Spirits, Liqueurs and Other Spirituous Beverages - Market Analysis, Forecast, Size, Trends and Insights for 499$

Latest Report Update: Oct 4, 2022

Czech Republic - Spirits, Liqueurs and Other Spirituous Beverages - Market Analysis, Forecast, Size, Trends and Insights
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Czech Republic: Spirits And Liqueurs Market 2022

Spirits And Liqueurs Market Size in the Czech Republic

The Czech spirits and liqueurs market soared to $X in 2021, growing by X% against the previous year. Over the period under review, consumption continues to indicate a resilient increase. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Spirits And Liqueurs Production in the Czech Republic

In value terms, spirits and liqueurs production soared to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Spirits And Liqueurs Exports

Exports from the Czech Republic

In 2021, after three years of decline, there was significant growth in overseas shipments of spirits, liqueurs and other spirituous beverages, when their volume increased by X% to X litres. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X litres in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, spirits and liqueurs exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Slovakia (X litres) was the main destination for spirits and liqueurs exports from the Czech Republic, accounting for a X% share of total exports. Moreover, spirits and liqueurs exports to Slovakia exceeded the volume sent to the second major destination, Italy (X litres), threefold. The third position in this ranking was held by Germany (X litres), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Germany (-X% per year).

In value terms, Slovakia ($X) remains the key foreign market for spirits and liqueurs exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with an X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Slovakia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Italy (-X% per year).

Export Prices by Country

In 2021, the average spirits and liqueurs export price amounted to $X per litre, picking up by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per litre), while the average price for exports to Hungary ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports into the Czech Republic

In 2021, approx. X litres of spirits, liqueurs and other spirituous beverages were imported into the Czech Republic; jumping by X% on the previous year's figure. Overall, total imports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. Over the period under review, imports hit record highs at X litres in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, spirits and liqueurs imports soared to $X in 2021. In general, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Slovakia (X litres), Germany (X litres) and the Netherlands (X litres) were the main suppliers of spirits and liqueurs imports to the Czech Republic, together accounting for X% of total imports. These countries were followed by the UK, Ireland, Spain, Austria, Finland, Italy, Belgium, France, Greece and Poland, which together accounted for a further X 2012 to 2021, the biggest increases were in Austria (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and the UK ($X) appeared to be the largest spirits and liqueurs suppliers to the Czech Republic, together accounting for X% of total imports. Ireland, France, Slovakia, Spain, Italy, Austria, Greece, Belgium, Finland and Poland lagged somewhat behind, together comprising a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average spirits and liqueurs import price stood at $X per litre in 2021, increasing by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably countryorigin: the country with the highest price was France ($X per litre), while the price for Slovakia ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2021	2007-2021	2022-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for spirits, liqueurs and other spirituous beverages in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, together comprising 50% of global consumption. These countries were followed by Russia, Japan, Mexico, Canada, the UK, Ukraine, Iran, South Korea and Ethiopia, which together accounted for a further 22%.

What are the largest producers of spirits, liqueurs and other spirituous beverages in the world?

The country with the largest volume of spirits and liqueurs production was China, accounting for 25% of total volume. Moreover, spirits and liqueurs production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was held by the United States, with a 10% share.

What are the leading suppliers of spirits, liqueurs and other spirituous beverages to the Czech Republic?

In value terms, Germany, the Netherlands and the UK constituted the largest spirits and liqueurs suppliers to the Czech Republic, together accounting for 41% of total imports. These countries were followed by Ireland, France, Slovakia, Spain, Italy, Austria, Greece, Belgium, Finland and Poland, which together accounted for a further 46%.

What are the leading importers of spirits, liqueurs and other spirituous beverages from the Czech Republic?

In value terms, Slovakia remains the key foreign market for spirits and liqueurs exports from the Czech Republic, comprising 41% of total exports. The second position in the ranking was taken by Germany, with an 8.4% share of total exports. It was followed by Italy, with a 7.8% share.

What is the average export price for spirits, liqueurs and other spirituous beverages in the Czech Republic?

The average spirits and liqueurs export price stood at $3.6 per litre in 2021, increasing by 6.3% against the previous year.

What is the average import price for spirits, liqueurs and other spirituous beverages in the Czech Republic?

In 2021, the average spirits and liqueurs import price amounted to $5.2 per litre, rising by 1.6% against the previous year.

This report provides an in-depth analysis of the spirits and liqueurs market in the Czech Republic. 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 11011020 - Spirits obtained from distilled grape wine or grape marc (important: excluding alcohol duty)

• Prodcom 11011030 - Whisky (important: excluding alcohol duty)

• Prodcom 11011040 - Rum and other spirits obtained by distilling fermented sugarcane products (important: excluding alcohol duty)

• Prodcom 11011050 - Gin and geneva (important: excluding alcohol duty)

• 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:

• Czech Republic

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in the Czech Republic

• 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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance