Belarus: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Belarus

After two years of decline, the Belarusian spirits and liqueurs market increased by X% to $X in 2022. In general, consumption showed a perceptible expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Spirits And Liqueurs Production in Belarus

In value terms, spirits and liqueurs production reduced slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a mild shrinkage. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Spirits and liqueurs production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Spirits And Liqueurs Exports

Exports from Belarus

For the sixth consecutive year, Belarus recorded growth in shipments abroad of spirits, liqueurs and other spirituous beverages, which increased by X% to X litres in 2021. Over the period under review, total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, spirits and liqueurs exports rose rapidly to $X in 2021. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X litres) was the main destination for spirits and liqueurs exports from Belarus, accounting for a X% share of total exports. Moreover, spirits and liqueurs exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X litres), fivefold. Lithuania (X litres) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Lithuania (X% per year).

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

From 2012 to 2021, the average annual growth rate of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Latvia (X% per year).

Export Prices by Country

In 2021, the average spirits and liqueurs export price amounted to $X per litre, which is down by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per litre. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per litre), while the average price for exports to Estonia ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced a decline.

Spirits And Liqueurs Imports

Imports into Belarus

In 2021, imports of spirits, liqueurs and other spirituous beverages into Belarus rose remarkably to X litres, increasing by X% compared with the previous year. Over the period under review, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X litres in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, spirits and liqueurs imports soared to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the near future.

Imports by Country

Moldova (X litres), Armenia (X litres) and the UK (X litres) were the main suppliers of spirits and liqueurs imports to Belarus, with a combined X% share of total imports. Georgia, Ukraine, the United States, France, Canada, Ireland, Germany, Finland and Lithuania lagged somewhat behind, together comprising a further X%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Armenia ($X) and Moldova ($X) were the largest spirits and liqueurs suppliers to Belarus, with a combined X% share of total imports. Georgia, the United States, France, Ireland, Ukraine, Germany, Finland, Canada and Lithuania lagged somewhat behind, together accounting for a further X%.

Canada, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average spirits and liqueurs import price stood at $X per litre in 2021, surging by X% against the previous year. Overall, the import price, however, showed a perceptible downturn. The import price peaked at $X per litre in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per litre), while the price for Lithuania ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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