Global Spirits And Liqueurs Market 2022

Spirits And Liqueurs Market Size

The global spirits and liqueurs market rose markedly to $X in 2021, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the global market remained at a somewhat lower figure.

Spirits And Liqueurs Production

In value terms, spirits and liqueurs production rose sharply to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2021, global production growth remained at a somewhat lower figure.

Spirits And Liqueurs Exports

Exports

In 2021, approx. X litres of spirits, liqueurs and other spirituous beverages were exported worldwide; increasing by X% against 2020 figures. The total export volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. 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 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, the UK (X litres), distantly followed by France (X litres), Italy (X litres), Mexico (X litres), the Netherlands (X litres), Germany (X litres) and Spain (X litres) were the largest exporters of spirits, liqueurs and other spirituous beverages, together making up X% of total exports. The following exporters - the United States (X litres), Ireland (X litres), Belgium (X litres), Russia (X litres), Sweden (X litres) and South Korea (X litres) - together made up X% of total exports.

The UK experienced a relatively flat trend pattern with regard to volume of exports of spirits, liqueurs and other spirituous beverages. At the same time, Belgium (+X%), Italy (+X%), Mexico (+X%), Ireland (+X%), the Netherlands (+X%), Spain (+X%), Russia (+X%) and France (+X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. South Korea, Germany and Sweden experienced a relatively flat trend pattern. By contrast, the United States (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Italy, Belgium, Mexico and the Netherlands increased by +X, +X, +X and +X percentage points, respectively. The UK (-X p.p.) and the United States (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X), France ($X) and Mexico ($X) were the countries with the highest levels of exports in 2021, with a combined X% share of global exports. The United States, Italy, Ireland, the Netherlands, Germany, Spain, Belgium, Sweden, Russia and South Korea lagged somewhat behind, together comprising a further X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global 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, increasing by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per litre in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably countryorigin: the country with the highest price was France ($X per litre), while Russia ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the other global leaders experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports

In 2021, approx. X litres of spirits, liqueurs and other spirituous beverages were imported worldwide; with an increase of X% compared with the previous year. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs imports soared to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X litres), distantly followed by Germany (X litres), Russia (X litres), China (X litres), the UK (X litres) and France (X litres) were the main importers of spirits, liqueurs and other spirituous beverages, together creating X% of total imports. The following importers - the Netherlands (X litres), Canada (X litres), Spain (X litres), Japan (X litres), Singapore (X litres), Belgium (X litres) and Italy (X litres) - together made up X% of total imports.

Imports into the United States increased at an average annual rate of +X% from 2012 to 2021. At the same time, Belgium (+X%), China (+X%), the UK (+X%), Canada (+X%), the Netherlands (+X%), Italy (+X%), Germany (+X%) and Russia (+X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. France and Japan experienced a relatively flat trend pattern. By contrast, Spain (-X%) and Singapore (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China and Belgium increased by +X and +X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported spirits, liqueurs and other spirituous beverages worldwide, comprising X% of global imports. The second position in the ranking was taken by China ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average spirits and liqueurs import price stood at $X per litre in 2021, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. Global import price peaked at $X per litre in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per litre), while Russia ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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