Europe: Gin And Geneva Market 2024

Gin And Geneva Market Size in Europe

In 2022, the Europe gin and geneva market increased by X% to $X, rising for the second consecutive year after four years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Gin And Geneva Production in Europe

In value terms, gin and geneva production rose to $X in 2022 estimated in export price. In general, production posted a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production attained the peak level in 2022 and is expected to retain growth in the near future.

Gin And Geneva Exports

Exports in Europe

In 2022, gin and geneva exports in Europe skyrocketed to X litres, picking up by X% on 2021 figures. Over the period under review, exports enjoyed a resilient 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 skyrocketed to $X in 2022. In general, exports continue to indicate a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK dominates exports structure, amounting to X litres, which was near X% of total exports in 2022. It was distantly followed by Germany (X litres), the Netherlands (X litres) and France (X litres), together comprising a X% share of total exports. The following exporters - Spain (X litres), Belgium (X litres) and Italy (X litres) - together made up X% of total exports.

Exports from the UK increased at an average annual rate of X% from 2012 to 2022. At the same time, Italy (X%), Belgium (X%), Spain (X%), the Netherlands (X%), France (X%) and Germany (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Italy, the Netherlands, Spain and Belgium increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X) remains the largest gin and geneva supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

In the UK, gin and geneva exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per litre, approximately reflecting the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per litre. From 2015 to 2022, the export prices remained at a somewhat lower figure.

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 Italy (X%), while the other leaders experienced more modest paces of growth.

Gin And Geneva Imports

Imports in Europe

In 2022, approx. X litres of gin and geneva were imported in Europe; with an increase of X% compared with 2021 figures. Over the period under review, imports showed a strong expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, gin and geneva imports soared to $X in 2022. Overall, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

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 resulting at X% of total import. The Netherlands (X litres) ranks next in terms of the total imports with an X% share, followed by France (X%) and Belgium (X%). The following importers - Luxembourg (X litres), the UK (X litres), Greece (X litres), Denmark (X litres), Portugal (X litres), the Czech Republic (X litres) and Sweden (X litres) - together made up X% 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 Luxembourg (with a CAGR of X%), while imports 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, together comprising X% of total imports.

Among the main importing countries, Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 Europe amounted to $X per litre, surging by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs 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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