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

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

The Slovak market for spirits, liqueurs and other spirituous beverages surged to $X in 2020, rising by X% against the previous year. In general, the total consumption indicated a mild increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2009 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Spirits, Liqueurs And Other Spirituous Beverages in Slovakia

In value terms, production of spirits, liqueurs and other spirituous beverages stood at $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% 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 2008 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. From 2009 to 2020, production growth remained at a somewhat lower figure.

Exports of Spirits, Liqueurs And Other Spirituous Beverages

Exports from Slovakia

In 2020, after five years of growth, there was significant decline in overseas shipments of spirits, liqueurs and other spirituous beverages, when their volume decreased by -X% to X litres. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Exports peaked at X litres in 2019, and then contracted markedly in the following year.

In value terms, exports of spirits, liqueurs and other spirituous beverages contracted to $X in 2020. Overall, exports, however, recorded strong growth. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2014 to 2020, the growth of exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X litres) was the main destination for exports of spirits, liqueurs and other spirituous beverages from Slovakia, with a X% share of total exports. Moreover, exports of spirits, liqueurs and other spirituous beverages to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X litres), sevenfold. The third position in this ranking was occupied by Romania (X litres), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the Czech Republic stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+X% per year) and Romania (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value to the Czech Republic stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+X% per year) and Romania (+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, jumping by X% against the previous year. In general, the export price, however, recorded a deep slump. Over the period under review, average export prices attained the peak figure at $X per litre in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Poland ($X per litre), while the average price for exports to the Czech Republic ($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 Poland, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Spirits, Liqueurs And Other Spirituous Beverages

Imports into Slovakia

In 2020, supplies from abroad of spirits, liqueurs and other spirituous beverages decreased by -X% to X litres, falling for the third consecutive year after two years of growth. Over the period under review, total imports indicated tangible growth 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, imports decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Imports peaked at X litres in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, imports of spirits, liqueurs and other spirituous beverages declined to $X in 2020. In general, total imports indicated pronounced growth 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, imports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the Czech Republic (X litres) constituted the largest spirits, liqueurs and other spirituous beverages supplier to Slovakia, with a X% share of total imports. Moreover, imports of spirits, liqueurs and other spirituous beverages from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X litres), threefold. Hungary (X litres) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Czech Republic was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Hungary (+X% per year).

In value terms, the largest spirits, liqueurs and other spirituous beverages suppliers to Slovakia were the Czech Republic ($X), Germany ($X) and Italy ($X), with a combined X% share of total imports. Hungary, Russia, Finland and Poland lagged somewhat behind, together comprising a further X the main suppliers, Russia saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average import price for spirits, liqueurs and other spirituous beverages amounted to $X per litre, rising by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per litre), while the price for Poland ($X per litre) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia, 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), 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 Slovakia?
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In value terms, the Czech Republic ($16M), Germany ($10M) and Italy ($4.4M) were the largest spirits, liqueurs and other spirituous beverages suppliers to Slovakia, with a combined 63% share of total imports. These countries were followed by Hungary, Russia, Finland and Poland, which together accounted for a further 19%.
What are the leading importers of spirits, liqueurs and other spirituous beverages from Slovakia?
+
In value terms, the Czech Republic ($7.7M) remains the key foreign market for spirits, liqueurs and other spirituous beverages exports from Slovakia, comprising 52% of total exports. The second position in the ranking was occupied by Hungary ($2.6M), with a 18% share of total exports. It was followed by Romania, with a 6.5% share.
What is the average export price for spirits, liqueurs and other spirituous beverages in Slovakia?
+
In 2020, the average export price for spirits, liqueurs and other spirituous beverages amounted to $1.7 per litre, picking up by 35% against the previous year.
What is the average import price for spirits, liqueurs and other spirituous beverages in Slovakia?
+
In 2020, the average import price for spirits, liqueurs and other spirituous beverages amounted to $3.5 per litre, picking up by 16% 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 Slovakia. 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:
• Slovakia

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