Global Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size

The global spirits and liqueurs market fell to $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Global consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Spirits And Liqueurs Production

In value terms, spirits and liqueurs production reached $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 only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Spirits And Liqueurs Exports

Exports

In 2022, the amount of spirits, liqueurs and other spirituous beverages exported worldwide rose rapidly to X litres, growing by X% on the previous year's figure. The total export volume 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 most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the global exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, spirits and liqueurs exports rose notably 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 in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The global exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, the UK (X litres), distantly followed by France (X litres), Italy (X litres), Mexico (X litres), the Netherlands (X litres), the United States (X litres), Germany (X litres) and Spain (X litres) represented the key exporters of spirits, liqueurs and other spirituous beverages, together achieving X% of total exports. Ireland (X litres), Belgium (X litres), South Korea (X litres), Sweden (X litres) and India (X litres) followed a long way behind the leaders.

Exports from the UK increased at an average annual rate of X% from 2012 to 2022. At the same time, Belgium (X%), India (X%), Mexico (X%), Italy (X%), the Netherlands (X%), Spain (X%), Ireland (X%), South Korea (X%), Germany (X%) and France (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Sweden experienced a relatively flat trend pattern. By contrast, the United States (X%) illustrated a downward trend over the same period. Mexico (X p.p.), Italy (X p.p.), Belgium (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the global exports, while the United States saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest spirits and liqueurs supplying countries worldwide were the UK ($X), France ($X) and Mexico ($X), with a combined X% share of global exports. The United States, Italy, the Netherlands, Germany, Ireland, Spain, Belgium, Sweden, South Korea and India lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Belgium, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average spirits and liqueurs export price stood at $X per litre in 2022, remaining stable against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per litre in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per litre), while South Korea ($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 (X%), while the other global leaders experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports

In 2022, approx. X litres of spirits, liqueurs and other spirituous beverages were imported worldwide; picking up by X% on the previous year. The total import volume 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 most prominent rate of growth was recorded in 2021 with an increase of X%. Global imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, spirits and liqueurs imports expanded notably to $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 throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, global imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, the United States (X litres), followed by Russia (X litres), Germany (X litres) and France (X litres) were the largest importers of spirits, liqueurs and other spirituous beverages, together constituting X% of total imports. The UK (X litres), the Netherlands (X litres), Spain (X litres), Israel (X litres), Canada (X litres), Italy (X litres), Japan (X litres), China (X litres) and the United Arab Emirates (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 Israel (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported spirits, liqueurs and other spirituous beverages worldwide, comprising X% of global imports. The second position in the ranking was held by China ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled X%. In the other countries, the average annual rates were as follows: China (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average spirits and liqueurs import price amounted to $X per litre, declining by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per litre. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per litre), while Israel ($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 (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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