Report Update Nov 1, 2024

Germany - Vermouth - Market Analysis, Forecast, Size, Trends and Insights

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Germany: Vermouth Market 2024

Vermouth Market Size in Germany

The German vermouth market expanded remarkably to $X in 2022, picking up by 8.4% against the previous year. Over the period under review, consumption recorded a mild increase. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the near future.

Vermouth Production in Germany

In value terms, vermouth production declined to $X in 2022 estimated in export price. Over the period under review, production, however, saw a modest increase. The pace of growth was the most pronounced in 2017 when the production volume increased by 104%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Vermouth Exports

Exports from Germany

In 2022, overseas shipments of vermouth decreased by -13.3% to X litres, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a pronounced slump. The most prominent rate of growth was recorded in 2017 with an increase of 17%. The exports peaked at X litres in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, vermouth exports declined to $X in 2022. Overall, exports recorded a perceptible contraction. The growth pace was the most rapid in 2017 when exports increased by 32% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X litres), the United States (X litres) and Austria (X litres) were the main destinations of vermouth exports from Germany, with a combined 46% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +17.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the United States ($X) and Austria ($X) constituted the largest markets for vermouth exported from Germany worldwide, with a combined 40% share of total exports.

The United States, with a CAGR of +14.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average vermouth export price amounted to $X per litre, standing approx. at the previous year. Over the period under review, the export price showed a mild descent. The pace of growth was the most pronounced in 2013 when the average export price increased by 19%. As a result, the export price attained the peak level of $X per litre. From 2014 to 2022, 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 the UK ($X per litre), while the average price for exports to the Netherlands ($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 Hungary (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Vermouth Imports

Imports into Germany

In 2022, vermouth imports into Germany expanded remarkably to X litres, increasing by 14% against the year before. In general, imports, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 21%. Imports peaked at X litres in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, vermouth imports expanded modestly to $X in 2022. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 51%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

France (X litres), Italy (X litres) and Spain (X litres) were the main suppliers of vermouth imports to Germany, with a combined 91% share of total imports. Austria and the Netherlands lagged somewhat behind, together accounting for a further 7.1%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +23.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of vermouth to Germany, comprising 73% of total imports. The second position in the ranking was held by Italy ($X), with a 15% share of total imports. It was followed by Spain, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value from France amounted to +26.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-9.4% per year) and Spain (+2.8% per year).

Import Prices by Country

In 2022, the average vermouth import price amounted to $X per litre, reducing by -8.2% against the previous year. Overall, the import price, however, posted a buoyant increase. The growth pace was the most rapid in 2020 an increase of 40% against the previous year. The import price peaked at $X per litre in 2021, and then contracted in the following year.

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 France ($X per litre), while the price for Spain ($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 (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vermouth in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 48% share of global consumption.

What are the largest producers of vermouth in the world?

China remains the largest vermouth producing country worldwide, comprising approx. 26% of total volume. Moreover, vermouth production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 9.5% share.

What are the leading suppliers of vermouth to Germany?

In value terms, France constituted the largest supplier of vermouth to Germany, comprising 73% of total imports. The second position in the ranking was occupied by Italy, with an 18% share of total imports. It was followed by Spain, with a 3.8% share.

What are the leading importers of vermouth from Germany?

In value terms, the largest markets for vermouth exported from Germany were the United States, the Netherlands and Poland, together accounting for 45% of total exports.

What is the average export price for vermouth in Germany?

In 2021, the average vermouth export price amounted to $1.6 per litre, with a decrease of -5.5% against the previous year.

What is the average import price for vermouth in Germany?

In 2021, the average vermouth import price amounted to $4.2 per litre, rising by 31% against the previous year.

This report provides an in-depth analysis of the vermouth market in Germany. 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 11041000 - Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances (excluding alcohol duty)

Country coverage:

Germany

Data coverage:

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