EU: Market for Spirits, Liqueurs And Other Spirituous Beverages 2024

Market Size for Spirits, Liqueurs And Other Spirituous Beverages in the EU

After two years of decline, the EU market for spirits, liqueurs and other spirituous beverages increased by X% to $X in 2022. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Spirits, Liqueurs And Other Spirituous Beverages in the EU

In value terms, production of spirits, liqueurs and other spirituous beverages soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, production of reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Spirits, Liqueurs And Other Spirituous Beverages

Exports in the EU

In 2022, the amount of spirits, liqueurs and other spirituous beverages exported in the European Union reached X litres, surging by X% against the year before. Total exports indicated buoyant 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, exports of spirits, liqueurs and other spirituous beverages rose rapidly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

In 2022, Italy (X litres), distantly followed by the Netherlands (X litres), Germany (X litres), France (X litres), Spain (X litres), Sweden (X litres), Belgium (X litres) and Poland (X litres) were the key exporters of spirits, liqueurs and other spirituous beverages, together committing X% of total exports.

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

In value terms, the largest spirits, liqueurs and other spirituous beverages supplying countries in the European Union were Italy ($X), France ($X) and Germany ($X), with a combined X% share of total exports. The Netherlands, Spain, Sweden, Belgium and Poland lagged somewhat behind, together comprising a further X%.

Belgium, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries 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 the European Union stood at $X per litre in 2022, falling by X% against the previous year. In general, the export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per litre. From 2015 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per litre), while the Netherlands ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced a decline in the export price figures.

Imports of Spirits, Liqueurs And Other Spirituous Beverages

Imports in the EU

In 2022, imports of spirits, liqueurs and other spirituous beverages in the European Union reached X litres, surging by X% compared with 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, imports of spirits, liqueurs and other spirituous beverages expanded notably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany represented the major importing country with an import of around X litres, which finished at X% of total imports. France (X litres) held the second position in the ranking, followed by the Netherlands (X litres), Spain (X litres), Italy (X litres) and Belgium (X litres). All these countries together took near X% share of total imports. The following importers - Poland (X litres), Latvia (X litres), Austria (X litres), Luxembourg (X litres), the Czech Republic (X litres), Hungary (X litres) and Denmark (X litres) - together made up X% of total imports.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Belgium (X%), Hungary (X%), Luxembourg (X%), Poland (X%), France (X%), Latvia (X%), Italy (X%), the Czech Republic (X%), Austria (X%), Denmark (X%), Spain (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Belgium (X p.p.) and France (X p.p.) significantly strengthened its position in terms of the total imports, while Spain and the Netherlands saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported spirits, liqueurs and other spirituous beverages in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with an X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Germany totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per litre, approximately equating the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price attained the peak level of $X per litre. From 2015 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per litre), while Hungary ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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