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Luxembourg - Spirits, Liqueurs and Other Spirituous Beverages - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Spirits And Liqueurs Market 2022

Spirits And Liqueurs Market Size in Luxembourg

In 2021, after two years of decline, there was significant growth in the Luxembourg spirits and liqueurs market, when its value increased by X% to $X. Over the period under review, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Spirits And Liqueurs Exports

Exports from Luxembourg

In 2021, approx. X litres of spirits, liqueurs and other spirituous beverages were exported from Luxembourg; with an increase of X% on 2020. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, spirits and liqueurs exports soared to $X in 2021. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Belgium (X litres) was the main destination for spirits and liqueurs exports from Luxembourg, with a X% share of total exports. Moreover, spirits and liqueurs exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X litres), tenfold. The third position in this ranking was taken by Germany (X litres), with a X% share.

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

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

From 2012 to 2021, the average annual growth rate of value to Belgium totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average spirits and liqueurs export price stood at $X per litre in 2021, falling by -X% against the previous year. Overall, the export price continues to indicate a slight setback. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The export price peaked at $X per litre in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per litre), while the average price for exports to France ($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 Belgium (-X%), while the prices for the other major destinations experienced a decline.

Spirits And Liqueurs Imports

Imports into Luxembourg

In 2021, overseas purchases of spirits, liqueurs and other spirituous beverages were finally on the rise to reach X litres after two years of decline. In general, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, spirits and liqueurs imports skyrocketed to $X in 2021. Overall, imports saw strong growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Belgium (X litres) constituted the largest supplier of spirits and liqueurs to Luxembourg, with a X% share of total imports. Moreover, spirits and liqueurs imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X litres), threefold. The third position in this ranking was taken by France (X litres), with a X% share.

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

In value terms, Belgium ($X) constituted the largest supplier of spirits and liqueurs to Luxembourg, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (-X% per year).

Import Prices by Country

In 2021, the average spirits and liqueurs import price amounted to $X per litre, rising by X% against the previous year. In general, the import price, however, saw a mild setback. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per litre. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were France ($X per litre) and Germany ($X per litre), while the price for Belgium ($X per litre) and the Netherlands ($X per litre) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	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, with a combined 50% share of global consumption. These countries were followed by Russia, Japan, Mexico, Canada, the UK, Ukraine, Iran, South Korea and Ethiopia, which together accounted 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 Luxembourg?

In value terms, Belgium constituted the largest supplier of spirits and liqueurs to Luxembourg, comprising 64% of total imports. The second position in the ranking was held by Germany, with a 25% share of total imports. It was followed by France, with a 3.4% share.

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

In value terms, Belgium remains the key foreign market for spirits and liqueurs exports from Luxembourg, comprising 80% of total exports. The second position in the ranking was held by Germany, with a 7.8% share of total exports. It was followed by the Netherlands, with a 7.1% share.

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

The average spirits and liqueurs export price stood at $4.6 per litre in 2021, falling by -2.2% against the previous year.

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

In 2021, the average spirits and liqueurs import price amounted to $4.1 per litre, picking up by 2.3% against the previous year.

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

• Luxembourg

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Luxembourg

• 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