Europe: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Europe

The Europe spirits and liqueurs market contracted to $X in 2022, approximately equating the previous year. Overall, consumption, however, continues to indicate a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Spirits And Liqueurs Production in Europe

In value terms, spirits and liqueurs production stood at $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 somewhat noticeable fluctuations being recorded in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Spirits And Liqueurs Exports

Exports in Europe

Spirits and liqueurs exports rose notably to X litres in 2022, surging by X% on 2021 figures. 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, spirits and liqueurs exports rose rapidly 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 pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

In 2022, the UK (X litres) was the key exporter of spirits, liqueurs and other spirituous beverages, comprising X% of total exports. It was distantly followed by France (X litres), Italy (X litres), the Netherlands (X litres), Germany (X litres), Spain (X litres) and Ireland (X litres), together creating a X% share of total exports. The following exporters - Belgium (X litres), Sweden (X litres), Poland (X litres), Russia (X litres) and Latvia (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, Belgium (X%), Italy (X%), the Netherlands (X%), Spain (X%), Poland (X%), Ireland (X%), Germany (X%), France (X%) and Latvia (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Sweden experienced a relatively flat trend pattern. By contrast, Russia (X%) illustrated a downward trend over the same period. Italy (X p.p.), Belgium (X p.p.), the Netherlands (X p.p.) and Spain (X p.p.) significantly strengthened its position in terms of the total exports, while Russia, the UK and France saw its share reduced by X%, X% and 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 in Europe were the UK ($X), France ($X) and Italy ($X), together comprising X% of total exports. The Netherlands, Germany, Ireland, Spain, Belgium, Sweden, Latvia, Poland and Russia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Belgium, 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 Europe amounted to $X per litre, stabilizing at the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the export prices reached the maximum at $X per litre in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

Spirits And Liqueurs Imports

Imports in Europe

In 2022, the amount of spirits, liqueurs and other spirituous beverages imported in Europe rose significantly to X litres, surging by X% against 2021 figures. The total import volume 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 throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, spirits and liqueurs imports reached $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The countries with the highest levels of spirits and liqueurs imports in 2022 were Russia (X litres), Germany (X litres), France (X litres), the UK (X litres), the Netherlands (X litres), Spain (X litres), Italy (X litres), Poland (X litres) and Belgium (X litres), together amounting to X% of total import. The following importers - Latvia (X litres), Ukraine (X litres), Ireland (X litres) and Luxembourg (X litres) - each amounted to a X% share of total imports.

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

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. The UK, Spain, Russia, Italy, Poland, Belgium, Latvia, Ukraine, Luxembourg and Ireland lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Latvia, with a CAGR of X%, saw the highest growth rate of 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, with a decrease of X% against the previous year. Overall, the import price showed a slight setback. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per litre. From 2015 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per litre), while Russia ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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