Report Update Nov 1, 2024

Belarus - Whisky - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Whisky Market 2024

Whisky Exports

Exports from Belarus

In 2022, overseas shipments of whisky increased by 14% to X litres, rising for the second consecutive year after two years of decline. In general, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of 153% against the previous year. Over the period under review, the exports attained the maximum at X litres in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, whisky exports reached $X in 2022. Overall, exports showed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 151%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X litres) was the main destination for whisky exports from Belarus, with a 22% share of total exports. Moreover, whisky exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X litres), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +5.8%.

In value terms, Russia ($X) remains the key foreign market for whisky exports from Belarus, comprising 8.4% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 0.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled +5.0%.

Export Prices by Country

The average whisky export price stood at $X per litre in 2022, which is down by -12.3% against the previous year. In general, the export price recorded a noticeable setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 19%. Over the period under review, the average export prices attained the maximum at $X per litre in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per litre), while the average price for exports to Russia totaled $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-0.8%), while the prices for the other major destinations experienced a decline.

Whisky Imports

Imports into Belarus

In 2022, whisky imports into Belarus dropped to X litres, flattening at the previous year's figure. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by 96%. Over the period under review, imports hit record highs at X litres in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, whisky imports rose markedly to $X in 2022. In general, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by 58%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the UK (X litres) constituted the largest whisky supplier to Belarus, with a 66% share of total imports. Moreover, whisky imports from the UK exceeded the figures recorded by the second-largest supplier, the United States (X litres), sevenfold. The third position in this ranking was taken by Moldova (X litres), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume from the UK stood at +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+13.4% per year) and Moldova (+13.3% per year).

In value terms, the UK ($X) constituted the largest supplier of whisky to Belarus, comprising 64% of total imports. The second position in the ranking was taken by the United States ($X), with a 15% share of total imports. It was followed by Ireland, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value from the UK stood at +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+12.1% per year) and Ireland (+11.4% per year).

Import Prices by Country

In 2022, the average whisky import price amounted to $X per litre, picking up by 7.9% against the previous year. In general, the import price, however, recorded a noticeable downturn. The growth pace was the most rapid in 2021 an increase of 12%. Over the period under review, average import prices hit record highs at $X per litre in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($X per litre), while the price for Azerbaijan ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for whisky in the world?

The countries with the highest volumes of in 2021 were the United States, India and Japan, with a combined 29% share of global consumption. Indonesia, Canada, France, the UK, Russia, Pakistan, Bangladesh, Brazil, Iran and Thailand lagged somewhat behind, together comprising a further 34%.

What are the largest producers of whisky in the world?

The UK constituted the country with the largest volume of whisky production, comprising approx. 40% of total volume. Moreover, whisky production in the UK exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 10% share.

What are the leading suppliers of whisky to Belarus?

In value terms, the UK constituted the largest supplier of whisky to Belarus, comprising 64% of total imports. The second position in the ranking was occupied by the United States, with a 15% share of total imports. It was followed by Ireland, with a 9.7% share.

What are the leading importers of whisky from Belarus?

In value terms, Russia remains the key foreign market for whisky exports from Belarus, comprising 89% of total exports. The second position in the ranking was occupied by Kazakhstan, with a 4.3% share of total exports.

What is the average export price for whisky in Belarus?

In 2021, the average whisky export price amounted to $3.1 per litre, increasing by 36% against the previous year.

What is the average import price for whisky in Belarus?

The average whisky import price stood at $4.9 per litre in 2021, reducing by -5% against the previous year.

This report provides an in-depth analysis of the whisky market in Belarus. 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 11011030 - Whisky (important: excluding alcohol duty)

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023