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

Latest Report Update: Oct 4, 2022

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

Spirits And Liqueurs Market Size in Greece

The Greek spirits and liqueurs market skyrocketed to $X in 2021, jumping by X% against the previous year. Overall, consumption, however, continues to indicate a abrupt decrease. Spirits and liqueurs consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Spirits And Liqueurs Production in Greece

In value terms, spirits and liqueurs production rose significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Spirits And Liqueurs Exports

Exports from Greece

For the fourth year in a row, Greece recorded growth in overseas shipments of spirits, liqueurs and other spirituous beverages, which increased by X% to X litres in 2021. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, spirits and liqueurs exports amounted to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

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

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

In value terms, Germany ($X) remains the key foreign market for spirits and liqueurs exports from Greece, comprising X% of total exports. The second position in the ranking was held by Iraq ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

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

Export Prices by Country

In 2021, the average spirits and liqueurs export price amounted to $X per litre, surging by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per litre in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per litre), while the average price for exports to the Netherlands ($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 the Netherlands (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports into Greece

In 2021, overseas purchases of spirits, liqueurs and other spirituous beverages were finally on the rise to reach X litres for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, recorded a noticeable shrinkage. Imports peaked at X litres in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, spirits and liqueurs imports soared to $X in 2021. Overall, imports, however, showed a slight curtailment. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the UK (X litres) constituted the largest supplier of spirits and liqueurs to Greece, with a X% share of total imports. Moreover, spirits and liqueurs imports from the UK exceeded the figures recorded by the second-largest supplier, Italy (X litres), twofold. The Netherlands (X litres) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and the Netherlands (+X% per year).

In value terms, the UK ($X) constituted the largest supplier of spirits and liqueurs to Greece, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average spirits and liqueurs import price stood at $X per litre in 2021, picking up by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+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 accounting for 50% of global consumption. Russia, Japan, Mexico, Canada, the UK, Ukraine, Iran, South Korea and Ethiopia lagged somewhat behind, together accounting 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, comprising approx. 25% of total volume. Moreover, spirits and liqueurs production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 10% share.

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

In value terms, the UK constituted the largest supplier of spirits and liqueurs to Greece, comprising 37% of total imports. The second position in the ranking was taken by Italy, with a 16% share of total imports. It was followed by the Netherlands, with a 9.1% share.

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

In value terms, Germany remains the key foreign market for spirits and liqueurs exports from Greece, comprising 43% of total exports. The second position in the ranking was taken by Iraq, with a 14% share of total exports. It was followed by Bulgaria, with a 9.2% share.

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

In 2021, the average spirits and liqueurs export price amounted to $2.7 per litre, growing by 12% against the previous year.

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

In 2021, the average spirits and liqueurs import price amounted to $6.5 per litre, increasing by 2.1% against the previous year.

This report provides an in-depth analysis of the spirits and liqueurs market in Greece. 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:

• Greece

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Greece

• 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