Category: Alcoholic Beverages
Alcoholic Beverages market research reports by Euromonitor International
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Bosnia and Herzegovina Alcoholic Drinks
Alcoholic Drinks in Bosnia and Herzegovina Inflation and rising prices of most products, coupled with an increasing cost of living in 2023, negatively impacted consumer confidence in Bosnia and Herzegovina. Additionally, a negative demographic trend affecting the country contributed to the reduction ... Read More
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Argentina Cider/Perry
Cider/Perry in Argentina Despite the economic crisis, cider sales exhibited positive growth in Argentina in 2023. This growth was driven by an increasing number of consumers regularly choosing cider over sparkling wine and beer. Significant investments were observed from major players like Cía Cerve ... Read More
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Hungary Spirits
Spirits in Hungary Total volume sales of spirits increased slightly in Hungary in 2023. A small yet affluent customer segment, characterised by a higher level of knowledge about spirits and a discerning taste for quality, continued to drive the market for premium products at the end of the review pe ... Read More
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The Czech Republic Spirits
Spirits in the Czech Republic The challenging economic situation in the Czech Republic led to weaker demand for spirits in both the off-trade and on-trade in 2023. Czech households came under more intense financial pressure due to prevailing high inflation, with the price of goods rising faster than ... Read More
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Hungary Alcoholic Drinks
Alcoholic Drinks in Hungary A combination of forces shaped the market for alcoholic drinks in Hungary in 2023. People were happy to break free from any COVID-19 related restrictions and live their social lives as they used to be. This was paralleled by the large pent-up demand for tourism/travel and ... Read More
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Poland Alcoholic Drinks
Alcoholic Drinks in Poland Sales of alcoholic drinks declined both in off-trade and on-trade volume terms in Poland in 2023. At the same time, alcoholic drinks saw strong growth in total current value terms. This was the result of a significant increase in the prices of alcoholic drinks resulting fr ... Read More
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Italy Spirits
Spirits in Italy Spirits saw volume sales decline in Italy in 2023. Strong price rises and pressure on purchasing power had dire effects on demand for spirits through both on-trade and off-trade channels during the year. Indeed, consumers became more and more conservative in their spending. However, ... Read More
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Denmark Alcoholic Drinks
Alcoholic Drinks in Denmark In 2023, total volume sales of alcoholic drinks in Denmark remained stagnant, revealing significant disparities across various product areas. Non-alcoholic drinks, flavoured lager, rosé wine, and sparkling wine experienced robust growth, while non-grape wine, brandy, cogn ... Read More
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Angola Alcoholic Drinks
Alcoholic Drinks in Angola In 2023, alcoholic drinks in Angola has faced challenges amidst fluctuating inflation and a high cost of living. Despite these hurdles, demand for national brands surged, due to greater availability and affordability. Spirits is also poised for significant value growth, dr ... Read More
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The Czech Republic Alcoholic Drinks
Alcoholic Drinks in the Czech Republic Adults in the Czech Republic consumed lower quantities of alcoholic drinks in 2023 due to the difficult economic climate and the growing preference for beverages with lower alcohol content. High inflation and the rising cost of living hindered consumer purchasi ... Read More
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Poland Spirits
Spirits in Poland The average unit price of spirits in Poland rose sharply in 2023 due to high inflation, an increase in production costs, and a further increase in the excise tax rate by 5%. Although these price rises translated into strong growth in current value terms in 2023 it put a dent in sal ... Read More
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Vietnam Spirits
Spirits in Vietnam The market for spirts in Vietnam posted a sharp decline in overall volume sales in 2023, in contrast to the buoyant performance of the previous year. This was attributable primarily to the elevated rate of inflation, which forced many consumers to cut back on discretionary spendin ... Read More
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Hungary Cider/Perry
Cider/Perry in Hungary Cider/perry saw a rise in total volume sales in Hungary in 2023. Cider, a relatively new category in the Hungarian alcoholic drinks market, remains a small segment compared to beer, but is growing, in contrast to alcoholic flavoured/mixed lagers, which witnessed continued decl ... Read More
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Switzerland Spirits
Spirits in Switzerland Spirits in Switzerland saw further double-digit on-trade volume growth in 2023, while off-trade volume sales returned to growth after a moderate slowdown in 2022. As a result, total volume sales witnessed a strong increase in 2023, following only a slight increment in 2022. De ... Read More
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Bulgaria Cider/Perry
Cider/Perry in Bulgaria In 2023, the cider/perry category in Bulgaria witnessed strong growth in retail volume terms, thereby exceeding pre-pandemic levels. The development of this category is a result of the global trend towards low-alcohol and long drinks, especially among younger and health-consc ... Read More
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Colombia Spirits
Spirits in Colombia Spirits faced a challenging year in 2023 due to the complex macroeconomic environment, high inflation rates and low economic growth in Colombia. Consumers traded down between categories and brands due to lower purchasing power. Although the total volume of spirits increased in 20 ... Read More
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Belgium Cider/Perry
Cider/Perry in Belgium In line with other alcoholic drinks categories, cider/perry in Belgium saw a decline in total volume sales in 2023. The burgeoning health trend and a lack of investment in the category by players and retailers were the main reasons for the downward trajectory in consumption to ... Read More
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Egypt Spirits
Spirits in Egypt Compared to other alcoholic drinks categories, the market for spirits in Egypt registered only modest volume growth in 2023. This was due largely to its relatively high price point compared to other products, such as beer and wine, which made it especially sensitive to the challengi ... Read More
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Finland Cider/Perry
Cider/Perry in Finland Cider/perry sales in Finland registered a significant decline in volume terms in 2023, in the face of growing maturity and intense competition from other alcoholic drinks, such as beer, wine and RTDs. The beverage has traditionally been promoted as a lighter alternative to win ... Read More
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Canada Spirits
Spirits in Canada Spirits continued to show healthy growth in 2023, driven by strong performances in categories like tequila, vodka, and non-alcoholic spirits. The increasing demand for high-quality and innovative products fuelled significant new product development (NPD) activity. Notable launches ... Read More
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Belgium Spirits
Spirits in Belgium In 2023, spirits in Belgium saw a strong decrease in total volume sales, faster than the downturn witnessed in 2022. The downward trajectory of spirits was informed by the dual, related impact of still relatively high inflation and strong pressure on consumer disposable incomes. D ... Read More
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Bosnia and Herzegovina Spirits
Spirits in Bosnia and Herzegovina Consumer demand for spirits witnessed a significant slowdown in 2023, marked by minimal total volume growth across the category. This trend was characterised by mixed performances among the three largest spirits categories. While whisky categories enjoyed robust con ... Read More
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Argentina Alcoholic Drinks
Alcoholic Drinks in Argentina Argentina found itself navigating through turbulent economic waters in 2023, grappling with political dysfunction and economic instability against the backdrop of one of the world's highest inflation rates. The prevailing macroeconomic environment cast a shadow of uncer ... Read More
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Bulgaria Alcoholic Drinks
Alcoholic Drinks in Bulgaria Alcoholic drinks in Bulgaria was heavily influenced by price increases in 2023, due to the prevalence of high inflation. The second half of the year saw inflation start to fall, but this had little impact on retail prices, which continued to rise in some cases. Most prod ... Read More
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Finland Alcoholic Drinks
Alcoholic Drinks in Finland Alcoholic drinks in Finland experienced a decline in total volume sales in 2023, alongside a drop in per-capita consumption. While on-trade volumes remained buoyant, off-trade sales suffered from the revival of personal imports from the neighbouring countries of Estonia a ... Read More
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