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

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

For the third consecutive year, the Irish market for spirits, liqueurs and other spirituous beverages recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Production of Spirits, Liqueurs And Other Spirituous Beverages in Ireland

In value terms, production of spirits, liqueurs and other spirituous beverages shrank to $X in 2020 estimated in export prices. In general, production, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% y-o-y. Over the period under review, production attained the maximum level at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Exports of Spirits, Liqueurs And Other Spirituous Beverages

Exports from Ireland

In 2020, overseas shipments of spirits, liqueurs and other spirituous beverages increased by X% to X litres, rising for the fifth consecutive year after three years of decline. Overall, exports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X litres in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of spirits, liqueurs and other spirituous beverages shrank to $X in 2020. In general, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

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

From 2007 to 2020, the average annual growth rate of volume to the U.S. was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and the UK (-X% per year).

In value terms, the U.S. ($X) remains the key foreign market for spirits, liqueurs and other spirituous beverages exports from Ireland, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Germany (-X% per year).

Export Prices by Country

In 2020, the average export price for spirits, liqueurs and other spirituous beverages amounted to $X per litre, which is down by -X% against the previous year. Overall, the export price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The export price peaked at $X per litre in 2008; however, from 2009 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the U.S. ($X per litre), while the average price for exports to Colombia ($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 Latvia, while the prices for the other major destinations experienced a decline.

Imports of Spirits, Liqueurs And Other Spirituous Beverages

Imports into Ireland

In 2020, overseas purchases of spirits, liqueurs and other spirituous beverages decreased by -X% to X litres, falling for the second year in a row after three years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. As a result, imports attained the peak of X litres. From 2013 to 2020, the growth of imports remained at a lower figure.

In value terms, imports of spirits, liqueurs and other spirituous beverages expanded modestly to $X in 2020. Overall, imports recorded a mild downturn. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the UK (X litres) constituted the largest spirits, liqueurs and other spirituous beverages supplier to Ireland, with a X% share of total imports. Moreover, imports of spirits, liqueurs and other spirituous beverages from the UK exceeded the figures recorded by the second-largest supplier, Italy (X litres), eightfold. 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 the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Poland (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and France (+X% per year).

Import Prices by Country

The average import price for spirits, liqueurs and other spirituous beverages stood at $X per litre in 2020, surging by X% against the previous year. In general, the import price, however, continues to indicate a slight descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per litre in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

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 Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for spirits, liqueurs and other spirituous beverages in the world?
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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), with a combined 40% share of global consumption.
What are the largest producers of spirits, liqueurs and other spirituous beverages in the world?
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China (1.4B litres) constituted the country with the largest volume of production of spirits, liqueurs and other spirituous beverages, 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 Ireland?
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In value terms, the UK ($54M) constituted the largest supplier of spirits, liqueurs and other spirituous beverages to Ireland, comprising 67% of total imports. The second position in the ranking was occupied by Italy ($6.2M), with a 7.7% share of total imports. It was followed by France, with a 5% share.
What are the leading importers of spirits, liqueurs and other spirituous beverages from Ireland?
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In value terms, the U.S. ($172M) remains the key foreign market for spirits, liqueurs and other spirituous beverages exports from Ireland, comprising 46% of total exports. The second position in the ranking was occupied by Canada ($59M), with a 16% share of total exports. It was followed by Germany, with a 4.7% share.
What is the average export price for spirits, liqueurs and other spirituous beverages in Ireland?
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The average export price for spirits, liqueurs and other spirituous beverages stood at $5.8 per litre in 2020, declining by -13% against the previous year.
What is the average import price for spirits, liqueurs and other spirituous beverages in Ireland?
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In 2020, the average import price for spirits, liqueurs and other spirituous beverages amounted to $2.7 per litre, rising by 4.5% 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 Ireland. 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:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• 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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