Spain - Gin And Geneva - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGin and Geneva Price in Spain - 2023
Contents:
- Gin and Geneva Price in Spain (CIF) - 2023
- Gin and Geneva Price in Spain (FOB) - 2022
- Gin and Geneva Imports in Spain
- Gin and Geneva Exports in Spain
Gin and Geneva Price in Spain (CIF) - 2023
The average gin and geneva import price stood at $7.8 per litre in June 2023, approximately reflecting the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in September 2022 an increase of 30% against the previous month. The import price peaked at $8.3 per litre in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($13.2 per litre), while the price for Germany ($6.8 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Gin and Geneva Price in Spain (FOB) - 2022
The average gin and geneva export price stood at $9.7 per litre in 2022, growing by 3.1% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +7.2% 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 +33.3% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 38%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($15 per litre), while the average price for exports to Brazil ($1.4 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 (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Gin and Geneva Imports in Spain
Gin and geneva imports into Spain soared to 22M litres in 2022, rising by 28% against the year before. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. Over the period under review, imports attained the peak figure at 23M litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, gin and geneva imports soared to $162M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 61%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
Import of Gin and Geneva in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 94.6 | 42.6 | 86.0 | 86.1 | -3.1% |
United States | 4.1 | 17.0 | 26.3 | 52.5 | 134.0% |
Germany | 4.3 | 3.0 | 4.3 | 6.5 | 14.8% |
France | 2.9 | 1.6 | 4.0 | 6.1 | 28.1% |
Netherlands | 30.9 | 16.6 | 7.5 | 5.5 | -43.7% |
Others | 3.6 | 2.5 | 6.1 | 5.8 | 17.2% |
Total | 140 | 83.3 | 134 | 162 | 5.0% |
Top Suppliers of Gin and Geneva to Spain in 2022:
- United Kingdom (14.9M litres)
- United States (4.3M litres)
- Germany (1.3M litres)
- France (0.6M litres)
- Netherlands (0.5M litres)
Gin and Geneva Exports in Spain
In 2022, the amount of gin and geneva exported from Spain surged to 12M litres, with an increase of 34% compared with the year before. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, gin and geneva exports surged to $116M in 2022. Overall, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Gin and Geneva in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 9.7 | 9.3 | 18.4 | 30.7 | 46.8% |
Germany | 9.3 | 9.3 | 12.8 | 18.7 | 26.2% |
Netherlands | 5.1 | 3.5 | 5.1 | 5.6 | 3.2% |
Belgium | 2.7 | 3.4 | 4.1 | 5.0 | 22.8% |
United States | 2.3 | 1.8 | 3.1 | 2.9 | 8.0% |
United Kingdom | 4.2 | 1.7 | 3.2 | 2.7 | -13.7% |
Denmark | 1.4 | 1.6 | 2.3 | 2.2 | 16.3% |
Portugal | 3.6 | 2.1 | 2.6 | 2.1 | -16.4% |
Equatorial Guinea | 1.8 | 1.8 | 1.0 | 1.8 | 0.0% |
Mexico | 1.4 | 0.8 | 1.3 | 1.5 | 2.3% |
France | 0.9 | 0.7 | 0.6 | 1.4 | 15.9% |
Colombia | 0.4 | 0.2 | 0.4 | 0.7 | 20.5% |
Brazil | 0.4 | 0.2 | 0.7 | 0.5 | 7.7% |
Others | 28.7 | 18.6 | 28.0 | 39.7 | 11.4% |
Total | 71.8 | 54.9 | 83.7 | 116 | 17.3% |
Top Export Markets for Gin and Geneva from Spain in 2022:
- Italy (1985.1K litres)
- Germany (1321.3K litres)
- Equatorial Guinea (1176.3K litres)
- Netherlands (613.3K litres)
- Belgium (580.1K litres)
- United States (443.2K litres)
- Brazil (371.0K litres)
- Mexico (300.0K litres)
- Portugal (233.2K litres)
- United Kingdom (219.5K litres)
- France (215.2K litres)
- Colombia (184.2K litres)
- Denmark (180.3K litres)
This report provides an in-depth analysis of the gin and geneva market in Spain. 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 11011050 - Gin and geneva (important: excluding alcohol duty)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Imports of Gin and Geneva peaked at 26M litres in 2014 but failed to regain momentum from 2015 to 2023. In terms of value, imports fell rapidly to $125M in 2023.
Imports of Gin And Geneva peaked at 1.2M litres in November 2022; however, from December 2022 to November 2023, imports stood at a somewhat lower figure. In value terms, Gin And Geneva imports reduced markedly to $6.9M in November 2023.
In February 2023, the gin and geneva price stood at $7.6 per litre (CIF, Spain), which is down by -1.9% against the previous month.
During the period analyzed, exports of Spirits and Liqueurs peaked at 33M litres in November 2022. However, from December 2022 to September 2023, exports remained slightly lower. In terms of value, the exports of Spirits and Liqueurs significantly increased to $103M in September 2023.
In May 2023, the Whisky price in Spain was $5.8 per litre (CIF), showing a 4% decrease compared to the previous month.
In August 2022, the rum price stood at $3.8 per litre (CIF, Spain), which is down by -3.8% against the previous month.
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