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World - Gin and Geneva - Market Analysis, Forecast, Size, Trends and Insights

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Global Gin And Geneva Market 2024

Gin And Geneva Market Size

The global gin and geneva market expanded significantly to $X in 2022, picking up by 5.8% against the previous year. Over the period under review, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +5.1% against 2019 indices. Global consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Gin And Geneva Production

In value terms, gin and geneva production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of 23% against the previous year. Over the period under review, global production attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Gin And Geneva Exports

Exports

In 2022, the amount of gin and geneva exported worldwide surged to X litres, picking up by 21% compared with the previous year. Over the period under review, exports showed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, gin and geneva exports soared to $X in 2022. Overall, exports showed buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 23% against the previous year. The global exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The UK prevails in exports structure, reaching X litres, which was approx. 60% of total exports in 2022. It was distantly followed by Germany (X litres), mixing up a 6.1% share of total exports. The following exporters - France (X litres), Spain (X litres), the United States (X litres), the Netherlands (X litres), Italy (X litres), Belgium (X litres) and Japan (X litres) - together made up 22% of total exports.

From 2012 to 2022, average annual rates of growth with regard to gin and geneva exports from the UK stood at +7.5%. At the same time, Japan (+190.6%), Italy (+33.6%), the United States (+19.7%), Spain (+19.4%), Belgium (+18.0%), the Netherlands (+14.3%), France (+9.6%) and Germany (+6.4%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in the world, with a CAGR of +190.6% from 2012-2022. From 2012 to 2022, the share of Italy, Spain, the United States and Japan increased by +2.5, +2.3, +2.1 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X) remains the largest gin and geneva supplier worldwide, comprising 52% of global exports. The second position in the ranking was held by Germany ($X), with a 6.8% share of global exports. It was followed by Spain, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value in the UK stood at +4.7%. In the other countries, the average annual rates were as follows: Germany (+9.9% per year) and Spain (+28.0% per year).

Export Prices by Country

The average gin and geneva export price stood at $X per litre in 2022, with a decrease of -1.9% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 7.3% against the previous year. Over the period under review, the average export prices reached the maximum at $X per litre in 2014; however, from 2015 to 2022, the export prices stood 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 Spain ($X per litre), while Belgium ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.8%), while the other global leaders experienced more modest paces of growth.

Gin And Geneva Imports

Imports

In 2022, approx. X litres of gin and geneva were imported worldwide; increasing by 12% against the previous year's figure. In general, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, global imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, gin and geneva imports skyrocketed to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United States (X litres), distantly followed by Germany (X litres), Italy (X litres) and Spain (X litres) represented the major importers of gin and geneva, together creating 38% of total imports. The Netherlands (X litres), Brazil (X litres), France (X litres), Australia (X litres), Canada (X litres), Luxembourg (X litres), Belgium (X litres), the UK (X litres) and Russia (X litres) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Brazil (with a CAGR of +61.4%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported gin and geneva worldwide, comprising 23% of global imports. The second position in the ranking was held by Italy ($X), with a 9.9% share of global imports. It was followed by Spain, with an 8.8% share.

In the United States, gin and geneva imports increased at an average annual rate of +3.8% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Italy (+28.8% per year) and Spain (-1.4% per year).

Import Prices by Country

In 2022, the average gin and geneva import price amounted to $X per litre, rising by 3.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 5.5%. Over the period under review, average import prices reached the peak figure at $X per litre in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per litre), while Brazil ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+6.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The United States constituted the country with the largest volume of gin and geneva consumption, accounting for 78% of total volume. Moreover, gin and geneva consumption in the United States exceeded the figures recorded by the second-largest consumer, India, more than tenfold. Japan ranked third in terms of total consumption with a 1.8% share.
The country with the largest volume of gin and geneva production was the United States, comprising approx. 77% of total volume. Moreover, gin and geneva production in the United States exceeded the figures recorded by the second-largest producer, the UK, more than tenfold. India ranked third in terms of total production with a 2.7% share.
In value terms, the UK remains the largest gin and geneva supplier worldwide, comprising 51% of global exports. The second position in the ranking was occupied by Germany, with a 6.5% share of global exports. It was followed by the Netherlands, with a 5.8% share.
In value terms, the United States constitutes the largest market for imported gin and geneva worldwide, comprising 20% of global imports. The second position in the ranking was occupied by Spain, with an 8.6% share of global imports. It was followed by Italy, with a 7.1% share.
The average gin and geneva export price stood at $5.5 per litre in 2021, rising by 4.3% against the previous year.
The average gin and geneva import price stood at $6 per litre in 2021, approximately reflecting the previous year.

This report provides an in-depth analysis of the global gin and geneva market. 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 11011050 - Gin and geneva (important: excluding alcohol duty)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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