United Kingdom: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in the UK

The UK spirits and liqueurs market contracted to $X in 2022, which is down by X% against the previous year. In general, consumption showed a noticeable decline. Spirits and liqueurs consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Spirits And Liqueurs Production in the UK

In value terms, spirits and liqueurs production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X%. Spirits and liqueurs production peaked at $X in 2020; afterwards, it flattened through to 2022.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Spirits And Liqueurs Exports

Exports from the UK

In 2022, the amount of spirits, liqueurs and other spirituous beverages exported from the UK skyrocketed to X litres, picking up by X% compared with the previous year's figure. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs exports skyrocketed to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X litres), France (X litres) and India (X litres) were the main destinations of spirits and liqueurs exports from the UK, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average spirits and liqueurs export price amounted to $X per litre, flattening at the previous year. Over the period under review, the export price, however, continues to indicate a mild contraction. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per litre in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per litre), while the average price for exports to Brazil ($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 Poland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Spirits And Liqueurs Imports

Imports into the UK

In 2022, supplies from abroad of spirits, liqueurs and other spirituous beverages increased by X% to X litres, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs imports reduced to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

The United States (X litres), Italy (X litres) and France (X litres) were the main suppliers of spirits and liqueurs imports to the UK, with a combined X% share of total imports. The Netherlands, Ireland, Germany, Belgium, Sweden, Spain, Mexico, Jamaica, Poland and Guyana lagged somewhat behind, together comprising a further X%.

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

In value terms, France ($X), the United States ($X) and Italy ($X) were the largest spirits and liqueurs suppliers to the UK, together accounting for X% of total imports. Ireland, Mexico, the Netherlands, Germany, Spain, Belgium, Jamaica, Sweden, Poland and Guyana lagged somewhat behind, together comprising a further X%.

Belgium, with a CAGR of X%, recorded 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 more modest paces of growth.

Import Prices by Country

In 2022, the average spirits and liqueurs import price amounted to $X per litre, with a decrease of X% against the previous year. Overall, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per litre in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per litre), while the price for Guyana ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :