Austria: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Austria

The Austrian spirits and liqueurs market fell notably to $X in 2022, shrinking by X% against the previous year. Overall, consumption showed a deep contraction. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Spirits And Liqueurs Production in Austria

In value terms, spirits and liqueurs production expanded modestly to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Spirits And Liqueurs Exports

Exports from Austria

In 2022, exports of spirits, liqueurs and other spirituous beverages from Austria skyrocketed to X litres, with an increase of X% on 2021. Overall, exports enjoyed a buoyant expansion. 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 declined to $X in 2022. In general, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

Germany (X litres) was the main destination for spirits and liqueurs exports from Austria, accounting for a X% share of total exports. Moreover, spirits and liqueurs exports to Germany exceeded the volume sent to the second major destination, Slovenia (X litres), more than tenfold. The third position in this ranking was held by the United States (X litres), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and the United States (X% per year).

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

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

Export Prices by Country

The average spirits and liqueurs export price stood at $X per litre in 2022, which is down by X% against the previous year. Over the period under review, the export price saw a noticeable decline. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked at $X per litre in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per litre), while the average price for exports to Slovenia ($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.

Spirits And Liqueurs Imports

Imports into Austria

In 2022, the amount of spirits, liqueurs and other spirituous beverages imported into Austria soared to X litres, picking up by X% compared with 2021. Overall, total imports indicated a noticeable increase from 2012 to 2022: its volume 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, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, spirits and liqueurs imports rose rapidly to $X in 2022. Over the period under review, total imports indicated a remarkable increase 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, imports increased by X% against 2015 indices. 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 hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

Germany (X litres), Italy (X litres) and France (X litres) were the main suppliers of spirits and liqueurs imports to Austria, with a combined X% share of total imports. Belgium, the UK, the Netherlands, Spain and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of spirits, liqueurs and other spirituous beverages to Austria, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average spirits and liqueurs import price amounted to $X per litre, shrinking by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked at $X per litre in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per litre), while the price for Belgium ($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

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