EU: Gin And Geneva Market 2024

Gin And Geneva Market Size in the EU

In 2022, the EU gin and geneva market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Gin And Geneva Production in the EU

In value terms, gin and geneva production soared to $X in 2022 estimated in export price. The total production indicated a strong expansion from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2016 when the production volume increased by X%. The level of production peaked in 2022 and is expected to retain growth in the immediate term.

Gin And Geneva Exports

Exports in the EU

In 2022, approx. X litres of gin and geneva were exported in the European Union; picking up by X% on 2021 figures. Over the period under review, exports saw buoyant growth. 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 skyrocketed to $X in 2022. Overall, exports posted strong growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Germany (X litres), the Netherlands (X litres), France (X litres), Spain (X litres), Belgium (X litres) and Italy (X litres) represented roughly X% of total exports in 2022. Ireland (X litres) held a minor share of total exports.

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

In value terms, the Netherlands ($X), Germany ($X) and Spain ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. Italy, France, Belgium and Ireland lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per litre, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: 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 Ireland (X%), while the other leaders experienced more modest paces of growth.

Gin And Geneva Imports

Imports in the EU

In 2022, approx. X litres of gin and geneva were imported in the European Union; picking up by X% against the previous year. In general, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, gin and geneva imports soared to $X in 2022. Overall, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

The countries with the highest levels of gin and geneva imports in 2022 were Germany (X litres), Spain (X litres) and Italy (X litres), together accounting for X% of total import. The Netherlands (X litres) held the next position in the ranking, followed by France (X litres) and Belgium (X litres). All these countries together held approx. X% share of total imports. Luxembourg (X litres), Greece (X litres), Denmark (X litres), Portugal (X litres), the Czech Republic (X litres), Sweden (X litres) and Romania (X litres) followed a long way behind the leaders.

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

In value terms, Italy ($X), Spain ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. The Netherlands, France, Belgium, Denmark, Greece, Portugal, Romania, Luxembourg, Sweden and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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, standing approx. at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked 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 Italy ($X per litre), while Luxembourg ($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 Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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