United Kingdom: Grape Wine Spirits Market 2024

Grape Wine Spirits Market Size in the UK

The UK grape wine spirits market declined to $X in 2022, shrinking by -2.9% against the previous year. In general, consumption continues to indicate a perceptible descent. Grape wine spirits consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Grape Wine Spirits Production in the UK

In value terms, grape wine spirits production shrank to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 when the production volume increased by 25%. Grape wine spirits production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Grape Wine Spirits Exports

Exports from the UK

In 2022, the amount of spirits obtained from distilled grape wine or grape marc exported from the UK shrank notably to X litres, reducing by -15.3% compared with 2021. In general, exports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 59% against the previous year. As a result, the exports reached the peak of X litres. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, grape wine spirits exports declined notably to $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 99% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X litres) was the main destination for grape wine spirits exports from the UK, accounting for a 59% share of total exports. Moreover, grape wine spirits exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (X litres), fourfold. The Netherlands (X litres) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+14.5% per year) and the Netherlands (-3.7% per year).

In value terms, the United States ($X) remains the key foreign market for spirits obtained from distilled grape wine or grape marc exports from the UK, comprising 59% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 7.1% share of total exports. It was followed by China, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +24.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-4.9% per year) and China (-13.8% per year).

Export Prices by Country

In 2022, the average grape wine spirits export price amounted to $X per litre, falling by -21.4% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grape wine spirits export price decreased by -26.8% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 31% against the previous year. Over the period under review, the average export prices hit record highs at $X per litre in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per litre), while the average price for exports to the United Arab Emirates ($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 the United States (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Grape Wine Spirits Imports

Imports into the UK

In 2022, approx. X litres of spirits obtained from distilled grape wine or grape marc were imported into the UK; almost unchanged from 2021 figures. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. Imports peaked at X litres in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, grape wine spirits imports amounted to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X litres) constituted the largest supplier of grape wine spirits to the UK, accounting for a 83% share of total imports. Moreover, grape wine spirits imports from France exceeded the figures recorded by the second-largest supplier, the United States (X litres), more than tenfold. Spain (X litres) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from France totaled -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.6% per year) and Spain (+2.4% per year).

In value terms, France ($X) constituted the largest supplier of spirits obtained from distilled grape wine or grape marc to the UK, comprising 90% of total imports. The second position in the ranking was taken by the United States ($X), with a 4% share of total imports. It was followed by Spain, with a 1.8% share.

From 2012 to 2022, the average annual growth rate of value from France stood at -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.0% per year) and Spain (+2.2% per year).

Import Prices by Country

In 2022, the average grape wine spirits import price amounted to $X per litre, rising by 5.1% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 11%. The import price peaked at $X per litre in 2014; however, from 2015 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 France ($X per litre), while the price for Germany ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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