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Europe - Vodka - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEurope: Market for Spirits, Liqueurs And Other Spirituous Beverages 2024
Market Size for Spirits, Liqueurs And Other Spirituous Beverages in Europe
The Europe market for spirits, liqueurs and other spirituous beverages skyrocketed to $X in 2023, jumping by X% against the previous year. Over the period under review, consumption saw a remarkable increase. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.
Production of Spirits, Liqueurs And Other Spirituous Beverages in Europe
In value terms, production of spirits, liqueurs and other spirituous beverages soared to $X in 2023 estimated in export price. In general, production continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production of growth remained at a somewhat lower figure.
Exports of Spirits, Liqueurs And Other Spirituous Beverages
Exports in Europe
In 2023, shipments abroad of spirits, liqueurs and other spirituous beverages was finally on the rise to reach X litres after four years of decline. Over the period under review, exports, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of export peaked at X litres in 2018; however, from 2019 to 2023, the exports failed to regain momentum.
In value terms, exports of spirits, liqueurs and other spirituous beverages expanded notably to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked in 2023 and is likely to see gradual growth in years to come.
Exports by Country
The shipments of the twelve major exporters of spirits, liqueurs and other spirituous beverages, namely the UK, the Netherlands, Italy, Russia, France, Germany, Belarus, Spain, Ukraine, Sweden, Poland and Belgium, represented more than two-thirds of total export.
From 2012 to 2023, the biggest increases were recorded for Belarus (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest spirits, liqueurs and other spirituous beverages supplying countries in Europe were Italy ($X), France ($X) and Germany ($X), together accounting for X% of total exports. The Netherlands, Spain, the UK, Sweden, Belgium, Poland, Russia, Ukraine and Belarus lagged somewhat behind, together comprising a further X%.
In terms of the main exporting countries, Belgium, 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
In 2023, the export price in Europe amounted to $X per litre, increasing by X% against the previous year. Overall, the export price showed a remarkable increase. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the export prices reached the maximum in 2023 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per litre), while Belarus ($X per litre) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced more modest paces of growth.
Imports of Spirits, Liqueurs And Other Spirituous Beverages
Imports in Europe
In 2023, the amount of spirits, liqueurs and other spirituous beverages imported in Europe totaled X litres, increasing by X% against 2022. In general, imports, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of import peaked at X litres in 2018; however, from 2019 to 2023, imports failed to regain momentum.
In value terms, imports of spirits, liqueurs and other spirituous beverages expanded rapidly to $X in 2023. Total imports indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.
Imports by Country
In 2023, the UK (X litres) was the largest importer of spirits, liqueurs and other spirituous beverages, committing X% of total imports. Germany (X litres) held the second position in the ranking, followed by Russia (X litres), France (X litres), Ukraine (X litres), the Netherlands (X litres) and Spain (X litres). All these countries together held approx. X% share of total imports. Italy (X litres), the Czech Republic (X litres), Belgium (X litres), Switzerland (X litres), Poland (X litres) and Latvia (X litres) followed a long way behind the leaders.
The UK was also the fastest-growing in terms of the spirits, liqueurs and other spirituous beverages imports, with a CAGR of X% from 2012 to 2023. At the same time, Switzerland (X%) displayed positive paces of growth. The Czech Republic experienced a relatively flat trend pattern. By contrast, Poland (X%), Latvia (X%), Ukraine (X%), France (X%), Italy (X%), Belgium (X%), Spain (X%), the Netherlands (X%), Russia (X%) and Germany (X%) illustrated a downward trend over the same period. The UK (X p.p.) and Italy (X p.p.) significantly strengthened its position in terms of the total imports, while Spain, the Netherlands, Russia and Germany saw its share reduced by X%, X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest spirits, liqueurs and other spirituous beverages importing markets in Europe were Germany ($X), the UK ($X) and France ($X), together accounting for X% of total imports. The Netherlands, Spain, Italy, Belgium, Poland, Latvia, Russia, the Czech Republic, Switzerland and Ukraine lagged somewhat behind, together comprising a further X%.
Among the main importing countries, Latvia, with a CAGR of X%, recorded 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 2023, the import price in Europe amounted to $X per litre, surging by X% against the previous year. Over the period under review, the import price showed a buoyant expansion. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure in 2023 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per litre), while Ukraine ($X per litre) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages in Europe. 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 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)
Country coverage:
- Albania
- Andorra
- Austria
- Belarus
- Belgium
- Bosnia and Herzegovina
- Bulgaria
- Croatia
- Czech Republic
- Denmark
- Estonia
- Faroe Islands
- Finland
- France
- Germany
- Gibraltar
- Greece
- Holy See
- Hungary
- Iceland
- Ireland
- Isle of Man
- Italy
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Malta
- Moldova
- Monaco
- Montenegro
- Netherlands
- North Macedonia
- Norway
- Poland
- Portugal
- Romania
- Russia
- San Marino
- Serbia
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
- Ukraine
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Europe, split by region and country
- Trade (exports and imports) in Europe
- 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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Albania
- Andorra
- Austria
- Belarus
- Belgium
- Bosnia and Herzegovina
- Bulgaria
- Croatia
- Czech Republic
- Denmark
- Estonia
- Faroe Islands
- Finland
- France
- Germany
- Gibraltar
- Greece
- Holy See
- Hungary
- Iceland
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- North Macedonia
- Malta
- Moldova
- Montenegro
- Netherlands
- Norway
- Poland
- Portugal
- Romania
- Russia
- San Marino
- Serbia
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
- Ukraine
- United Kingdom
- Liechtenstein
- Isle of Man
- Monaco
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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