Eastern Europe: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Eastern Europe

The East European spirits and liqueurs market rose notably to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, showed a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Spirits And Liqueurs Production in Eastern Europe

In value terms, spirits and liqueurs production rose sharply to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Spirits And Liqueurs Exports

Exports in Eastern Europe

In 2022, spirits and liqueurs exports in Eastern Europe contracted significantly to X litres, waning by X% against the previous year. Overall, exports showed a mild decline. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X litres, and then shrank significantly in the following year.

In value terms, spirits and liqueurs exports reduced to $X in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X litres), Russia (X litres) and Latvia (X litres) represented roughly X% of total exports in 2022. Ukraine (X litres) held the next position in the ranking, followed by the Czech Republic (X litres) and Lithuania (X litres). All these countries together held approx. X% share of total exports. Moldova (X litres), Estonia (X litres) and Bulgaria (X litres) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest spirits and liqueurs supplying countries in Eastern Europe were Latvia ($X), Poland ($X) and Russia ($X), with a combined X% share of total exports. Lithuania, the Czech Republic, Ukraine, Estonia, Moldova and Bulgaria lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Lithuania, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the export price in Eastern Europe amounted to $X per litre, with an increase of X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per litre in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

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

Spirits And Liqueurs Imports

Imports in Eastern Europe

In 2022, spirits and liqueurs imports in Eastern Europe rose markedly to X litres, picking up by X% against 2021. Total imports indicated moderate growth from 2012 to 2022: its volume 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 2015 indices. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, spirits and liqueurs imports shrank to $X in 2022. Total imports indicated a modest increase 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 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Russia (X litres) was the main importer of spirits, liqueurs and other spirituous beverages, generating X% of total imports. It was distantly followed by Poland (X litres), Latvia (X litres), Ukraine (X litres), Romania (X litres) and the Czech Republic (X litres), together generating a X% share of total imports. Hungary (X litres), Lithuania (X litres) and Estonia (X litres) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to spirits and liqueurs imports into Russia stood at X%. At the same time, Romania (X%), Hungary (X%), Poland (X%), Latvia (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Lithuania experienced a relatively flat trend pattern. By contrast, Estonia (X%) and Ukraine (X%) illustrated a downward trend over the same period. Poland (X p.p.), Romania (X p.p.), Latvia (X p.p.) and Hungary (X p.p.) significantly strengthened its position in terms of the total imports, while Lithuania, Estonia and Ukraine saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest spirits and liqueurs importing markets in Eastern Europe were Russia ($X), Poland ($X) and Latvia ($X), with a combined X% share of total imports. Romania, the Czech Republic, Ukraine, Lithuania, Hungary and Estonia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Romania, with a CAGR of X%, saw the highest growth rate of 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, waning by X% against the previous year. In general, the import price showed a noticeable reduction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per litre in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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