Spain: Gin And Geneva Market 2024

Gin And Geneva Market Size in Spain

The Spanish gin and geneva market skyrocketed to $X in 2022, jumping by X% against the previous year. In general, consumption, however, continues to indicate a perceptible contraction. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Gin And Geneva Production in Spain

In value terms, gin and geneva production soared to $X in 2022 estimated in export price. Overall, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Gin And Geneva Exports

Exports from Spain

In 2022, the amount of gin and geneva exported from Spain surged to X litres, jumping by X% compared with 2021 figures. In general, exports showed a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, gin and geneva exports surged to $X in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

Italy (X litres), Germany (X litres) and Equatorial Guinea (X litres) were the main destinations of gin and geneva exports from Spain, together accounting for X% of total exports. The Netherlands, Belgium, the United States, Brazil, Mexico, Turkey, Portugal, the UK, France and New Zealand lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for gin and geneva exported from Spain were Italy ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of total exports. Belgium, the United States, the UK, Portugal, Equatorial Guinea, Mexico, France, Turkey, Brazil and New Zealand lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, New Zealand, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average gin and geneva export price stood at $X per litre in 2022, surging by X% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gin and geneva export price increased by X% against 2020 indices. The growth pace was the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per litre), while the average price for exports to Brazil ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gin And Geneva Imports

Imports into Spain

In 2022, the amount of gin and geneva imported into Spain surged to X litres, with an increase of X% compared with the previous year's figure. In general, imports recorded mild growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at X litres in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, gin and geneva imports surged to $X in 2022. Over the period under review, imports, however, recorded a mild descent. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the UK (X litres) constituted the largest gin and geneva supplier to Spain, accounting for a X% share of total imports. Moreover, gin and geneva imports from the UK exceeded the figures recorded by the second-largest supplier, the United States (X litres), threefold. The third position in this ranking was held by Germany (X litres), with a X% share.

From 2012 to 2022, 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: the United States (X% per year) and Germany (X% per year).

In value terms, the largest gin and geneva suppliers to Spain were the UK ($X), the United States ($X) and Germany ($X), with a combined X% share of total imports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average gin and geneva import price stood at $X per litre in 2022, waning by X% against the previous year. Over the period under review, the import price saw a noticeable downturn. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked at $X per litre in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per litre), while the price for Germany ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :