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Greece - Vodka - Market Analysis, Forecast, Size, Trends And Insights
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Greece: Overview of the Market for Spirits, Liqueurs And Other Spirituous Beverages 2021

Market Size for Spirits, Liqueurs And Other Spirituous Beverages in Greece

In 2020, the Greek market for spirits, liqueurs and other spirituous beverages decreased by -X% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption saw a perceptible decline. The pace of growth appeared the most rapid in 2009 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2010 to 2020, the growth of the market remained at a lower figure.

Production of Spirits, Liqueurs And Other Spirituous Beverages in Greece

In value terms, production of spirits, liqueurs and other spirituous beverages totaled $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Production peaked in 2020 and is likely to see steady growth in the immediate term.

Exports of Spirits, Liqueurs And Other Spirituous Beverages

Exports from Greece

Exports of spirits, liqueurs and other spirituous beverages from Greece expanded modestly to X litres in 2020, rising by X% on 2019. Overall, total exports indicated a measured expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in the immediate term.

In value terms, exports of spirits, liqueurs and other spirituous beverages amounted to $X in 2020. In general, total exports indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in years to come.

Exports by Country

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

From 2007 to 2020, 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 ($X) remains the key foreign market for spirits, liqueurs and other spirituous beverages exports from Greece, comprising X% of total exports. The second position in the ranking was occupied by Iraq ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany totaled +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

The average export price for spirits, liqueurs and other spirituous beverages stood at $X per litre in 2020, 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 an increase of X% year-to-year. The export price peaked at $X per litre in 2010; however, from 2011 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Spirits, Liqueurs And Other Spirituous Beverages

Imports into Greece

Imports of spirits, liqueurs and other spirituous beverages into Greece contracted remarkably to X litres in 2020, which is down by -X% against the previous year's figure. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. As a result, imports reached the peak of X litres. From 2010 to 2020, the growth of imports failed to regain the momentum.

In value terms, imports of spirits, liqueurs and other spirituous beverages reduced sharply to $X in 2020. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Italy (X litres) constituted the largest spirits, liqueurs and other spirituous beverages supplier to Greece, accounting for a X% share of total imports. Moreover, imports of spirits, liqueurs and other spirituous beverages from Italy exceeded the figures recorded by the second-largest supplier, Sweden (X litres), twofold. Poland (X litres) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Italy stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-X% per year) and Poland (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from Italy stood at -X%. The remaining supplying 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 2020, the average import price for spirits, liqueurs and other spirituous beverages amounted to $X per litre, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. The import price peaked in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per litre), while the price for Poland ($X per litre) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Latvia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

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 of spirits, liqueurs and other spirituous beverages in 2020 were China (1.4B litres), the U.S. (952M litres) and Japan (366M litres), together comprising 40% of global consumption.
What are the largest producers of spirits, liqueurs and other spirituous beverages in the world?
+
The country with the largest volume of production of spirits, liqueurs and other spirituous beverages was China (1.4B litres), comprising approx. 20% of total volume. Moreover, production of spirits, liqueurs and other spirituous beverages in China exceeded the figures recorded by the second-largest producer, Mexico (504M litres), threefold. Italy (394M litres) ranked third in terms of total production with a 5.8% share.
What are the leading suppliers of spirits, liqueurs and other spirituous beverages to Greece?
+
In value terms, Italy ($9.8M) constituted the largest supplier of spirits, liqueurs and other spirituous beverages to Greece, comprising 27% of total imports. The second position in the ranking was occupied by France ($4.2M), with a 12% share of total imports. It was followed by the Netherlands, with a 11% share.
What are the leading importers of spirits, liqueurs and other spirituous beverages from Greece?
+
In value terms, Germany ($38M) remains the key foreign market for spirits, liqueurs and other spirituous beverages exports from Greece, comprising 45% of total exports. The second position in the ranking was occupied by Iraq ($15M), with a 18% share of total exports. It was followed by Bulgaria, with a 7% share.
What is the average export price for spirits, liqueurs and other spirituous beverages in Greece?
+
The average export price for spirits, liqueurs and other spirituous beverages stood at $2.3 per litre in 2020, rising by 5.2% against the previous year.
What is the average import price for spirits, liqueurs and other spirituous beverages in Greece?
+
The average import price for spirits, liqueurs and other spirituous beverages stood at $5.8 per litre in 2020, surging by 8.1% against the previous year.

Product coverage:
• 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)

This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages 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 2025.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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