Eastern Europe: Market for Spirits, Liqueurs And Other Spirituous Beverages 2024

Market Size for Spirits, Liqueurs And Other Spirituous Beverages in Eastern Europe

The East European market for spirits, liqueurs and other spirituous beverages rose sharply to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2012; afterwards, it flattened through to 2022.

Production of Spirits, Liqueurs And Other Spirituous Beverages in Eastern Europe

In value terms, production of spirits, liqueurs and other spirituous beverages rose sharply to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production of attained the peak level in 2022 and is likely to see gradual growth in the near future.

Exports of Spirits, Liqueurs And Other Spirituous Beverages

Exports in Eastern Europe

In 2022, the amount of spirits, liqueurs and other spirituous beverages exported in Eastern Europe declined notably to X litres, reducing by X% on 2021 figures. Overall, exports recorded a slight decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X litres, and then fell significantly in the following year.

In value terms, exports of spirits, liqueurs and other spirituous beverages declined markedly to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then declined remarkably in the following year.

Exports by Country

In 2022, Poland (X litres), distantly followed by Latvia (X litres), Russia (X litres), Ukraine (X litres) and the Czech Republic (X litres) were the main exporters of spirits, liqueurs and other spirituous beverages, together mixing up X% of total exports. The following exporters - Lithuania (X litres) and Estonia (X litres) - each reached an X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Lithuania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Latvia ($X) and Russia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Latvia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per litre in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per litre), while Ukraine ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Imports of Spirits, Liqueurs And Other Spirituous Beverages

Imports in Eastern Europe

In 2022, imports of spirits, liqueurs and other spirituous beverages in Eastern Europe declined rapidly to X litres, with a decrease of X% compared with the previous year. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X litres, and then contracted rapidly in the following year.

In value terms, imports of spirits, liqueurs and other spirituous beverages contracted to $X in 2022. Total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

Poland (X litres), Latvia (X litres), Russia (X litres), the Czech Republic (X litres), Hungary (X litres), Romania (X litres), Estonia (X litres), Ukraine (X litres), Slovakia (X litres) and Lithuania (X litres) represented roughly X% of total imports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Latvia ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Romania, the Czech Republic, Slovakia, Hungary, Ukraine, Lithuania and Estonia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per litre in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per litre), while Estonia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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