EU: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in the EU

The EU spirits and liqueurs market contracted modestly to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Spirits And Liqueurs Production in the EU

In value terms, spirits and liqueurs production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Spirits And Liqueurs Exports

Exports in the EU

Spirits and liqueurs exports stood at X litres in 2022, growing by X% on the previous year. Total exports indicated pronounced growth 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, spirits and liqueurs exports rose significantly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

The shipments of the ten major exporters of spirits, liqueurs and other spirituous beverages, namely France, Italy, the Netherlands, Germany, Spain, Ireland, Belgium, Sweden, Poland and Latvia, represented more than two-thirds of total export.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the largest spirits and liqueurs supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in France amounted to X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per litre in 2022, with a decrease of X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price reached the peak level of $X per litre. From 2019 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per litre), while Poland ($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 Netherlands (X%), while the other leaders experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports in the EU

In 2022, approx. X litres of spirits, liqueurs and other spirituous beverages were imported in the European Union; growing by X% compared with the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, spirits and liqueurs imports reached $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

Germany (X litres), France (X litres), the Netherlands (X litres), Spain (X litres), Italy (X litres), Poland (X litres) and Belgium (X litres) represented roughly X% of total imports in 2022. Latvia (X litres), Ireland (X litres), Luxembourg (X litres), Romania (X litres), Austria (X litres) and the Czech Republic (X litres) followed a long way behind the leaders.

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

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Spain, Italy, Poland, Belgium, Latvia, Romania, Austria, the Czech Republic, Luxembourg and Ireland lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Romania, 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 2022, the import price in the European Union amounted to $X per litre, with a decrease of X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per litre. From 2015 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, 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

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