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

Latest Report Update: Oct 4, 2022

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

Spirits And Liqueurs Market Size in Romania

In 2021, after two years of decline, there was significant growth in the Romanian spirits and liqueurs market, when its value increased by X% to $X. Over the period under review, consumption posted a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Spirits And Liqueurs Production in Romania

In value terms, spirits and liqueurs production stood at $X in 2021 estimated in export price. Overall, production showed a pronounced downturn. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Spirits and liqueurs production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Spirits And Liqueurs Exports

Exports from Romania

Spirits and liqueurs exports from Romania soared to X litres in 2021, surging by X% against 2020 figures. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs exports soared to $X in 2021. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Hungary (X litres), the Netherlands (X litres) and Italy (X litres) were the main destinations of spirits and liqueurs exports from Romania, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Bulgaria ($X) and Hungary ($X) appeared to be the largest markets for spirits and liqueurs exported from Romania worldwide, together accounting for X% of total exports.

The Netherlands, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average spirits and liqueurs export price stood at $X per litre in 2021, shrinking by -X% against the previous year. In general, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per litre in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per litre), while the average price for exports to France ($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 Croatia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports into Romania

In 2021, the amount of spirits, liqueurs and other spirituous beverages imported into Romania surged to X litres, with an increase of X% compared with 2020 figures. Over the period under review, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, spirits and liqueurs imports surged to $X in 2021. Overall, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Bulgaria (X litres), the Netherlands (X litres) and the UK (X litres) were the main suppliers of spirits and liqueurs imports to Romania, together comprising X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the UK ($X) and Germany ($X) constituted the largest spirits and liqueurs suppliers to Romania, with a combined X% share of total imports. Italy, Bulgaria, France, Belgium, the United States, Spain, Ireland, Sweden, Poland and the Czech Republic lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average spirits and liqueurs import price amounted to $X per litre, increasing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per litre in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per litre), while the price for Bulgaria ($X per litre) was amongst the lowest.

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

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

In value terms, the largest spirits and liqueurs suppliers to Romania were the Netherlands, the UK and Germany, together comprising 60% of total imports. These countries were followed by Italy, Bulgaria, France, Belgium, the United States, Spain, Ireland, Sweden, Poland and the Czech Republic, which together accounted for a further 33%.

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

In value terms, the largest markets for spirits and liqueurs exported from Romania were the Netherlands, Bulgaria and Hungary, together accounting for 54% of total exports.

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

In 2021, the average spirits and liqueurs export price amounted to $4.8 per litre, falling by -9.5% against the previous year.

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

In 2021, the average spirits and liqueurs import price amounted to $5.5 per litre, jumping by 19% against the previous year.

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

• Romania

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Romania

• 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