Category: Alcoholic Beverages
Alcoholic Beverages market research reports by Euromonitor International
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Singapore Alcoholic Drinks
Alcoholic Drinks in Singapore In 2023, alcoholic drinks in Singapore saw a slight decline in total volume sales. This was mainly due to weaker consumer sentiment amidst the higher cost of living, which dampened spending as consumers became increasingly value-driven in their purchasing decisions, whi ... Read More
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Singapore Cider/Perry
Cider/Perry in Singapore Cider/perry saw another year of total volume decline in Singapore in 2023, and the steepest decline within alcoholic drinks. Like the overall alcoholic drinks industry, cider/perry struggled to achieve volume growth amidst the broader alcohol moderation trend and higher cost ... Read More
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Singapore Spirits
Spirits in Singapore Spirits in Singapore recorded a total volume decline in in 2023, after seeing growth throughout the rest of the review period. Notably, the off-trade channel experienced a far stronger decline than the on-trade channel. The on-trade channel itself saw a slight dip in volume sale ... Read More
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Germany Alcoholic Drinks
Alcoholic Drinks in Germany Following the upheavals witnessed in previous years linked to the pandemic, and a major rebound for on-trade sales due to the full reopening of foodservice outlets in 2022, thereby boosting overall volume sales growth of alcoholic drinks in Germany, total volume sales in ... Read More
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Germany Spirits
Spirits in Germany A modest decline in total volume sales of spirits in Germany was evident in 2023, as the small gains via on-trade driven by the continued post-pandemic recovery failed to offset the drop in demand through the off-trade channel. Spirits are increasingly undermined by competition fr ... Read More
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Germany Cider/Perry
Cider/Perry in Germany Off-trade volume sales of cider/perry in Germany recorded solid growth in 2023, as the category continued to attract new consumers by being increasingly considered an alternative to beer. The wide offer of fruit-flavoured cider/perry has helped to give the category a broader a ... Read More
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World Market for Alcoholic Drinks
World Market for Alcoholic Drinks As the post-pandemic recovery gave way to a world steeped in geopolitical conflict and severe inflationary pressures, the alcoholic drinks industry’s resilience was put to the test. With global total volume growth rates turning negative and the premiumisation narrat ... Read More
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Ukraine Spirits
Spirits in Ukraine Overall spirits saw a strong sales performance in total volume terms in 2023, driven by the largest categories – vodka, brandy and whiskies – all of which saw their sales exceed pre-war figures. Vodka benefited from consumers shifting from the illegal market to more premium import ... Read More
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Ecuador Spirits
Spirits in Ecuador The year 2023 began with a surplus of imported spirits due to the global logistics crisis in Ecuador in 2022. Fearing stock shortages, companies over-ordered, leading to an oversupply situation. This, coupled with a decline in demand from the previous year, resulted in companies r ... Read More
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Indonesia Alcoholic Drinks
Alcoholic Drinks in Indonesia In 2023, alcoholic drinks in Indonesia witnessed modest volume growth compared to recent years as the post-pandemic recovery eased and social activities resumed normality. The Indonesian economy has been experiencing steady growth in recent years, with a rising middle c ... Read More
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Azerbaijan Spirits
Spirits in Azerbaijan Vodka continues to dominate spirits in Azerbaijan, accounting for over 88% of total volume sales in 2023, thus shaping the overall development of the spirits category. With vodka sales in decline, volume sales of spirits were pushed further into negative territory in 2023 for t ... Read More
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Azerbaijan Cider/Perry
Cider/Perry in Azerbaijan Cider/perry has traditionally occupied a small niche in Azerbaijan due to the low per capita consumption of this alcoholic beverage. Demand is almost exclusively concentrated in off-trade channels, with very few on-trade establishments offering this product type. Retail sal ... Read More
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Uganda Alcoholic Drinks
Alcoholic Drinks in Uganda Inflation in Uganda has plummeted, reaching 3% in September 2023 from a peak of 11% in October 2022. This decline has led to decreasing commodity prices, notably in food and fuel, and marks the lowest rate in 15 months. As consumer spending power improves, alcoholic drinks ... Read More
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Azerbaijan Alcoholic Drinks
Alcoholic Drinks in Azerbaijan In 2023, the resurgence of tourism combined with consumers’ adjustment to economic conditions positively influenced volume sales of alcoholic drinks in Azerbaijan. Modern beverages targeting young adults, such as non-alcoholic beer, flavoured beer, whiskey, gin, rum, a ... Read More
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Alcoholic Drinks
Alcoholic Drinks in Ecuador Alcoholic drinks in Ecuador operates within a challenging macroeconomic environment. Despite a modest GDP growth in 2023, the country grappled with political instability and security concerns. President Guillermo Lasso's dissolving of the National Assembly in May 2023, fo ... Read More
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Ukraine Cider/Perry
Cider/Perry in Ukraine Sales of cider/perry saw a steep decline in total volume terms in 2022 following Russia's invasion of Ukraine. This was both because of a more limited supply but also reduced demand. Furthermore, the category was not a priority for category leaders Carlsberg and AB InBev Efes, ... Read More
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Indonesia Cider/Perry
Cider/Perry in Indonesia In 2023, cider in Indonesia experienced similar volume growth to the previous year. Off-trade volumes, encompassing supermarket and retail sales, continues to exceed on-trade volume by some margin, which includes sales in bars and restaurants. This trend is partly due to cid ... Read More
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Indonesia Spirits
Spirits in Indonesia In 2023, spirits continued to witness double-digit volume sales growth in Indonesia. The pace of development slowed markedly after two consecutive years of dynamic volume growth. Locals have become more comfortable with dining out and drinking socially, whilst the resurgence in ... Read More
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Malaysia Spirits
Spirits in Malaysia 2023 was a difficult year for spirits with sales declining sharply in on-trade volume terms and stagnating in off-trade volume terms. High inflation and a weakening of the Malaysian ringgit manifests led to a significant increase in the prices of spirits in 2023, with this coming ... Read More
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Malaysia Cider/Perry
Cider/Perry in Malaysia Manufacturers of cider/perry continued to experience challenges in 2023 due to rising operating costs (eg transportation, labour, utilities and more) and elevated inflation. Hence, players like Carlsberg Brewery Malaysia Bhd, Heineken Malaysia Bhd and Luen Heng Agency Sdn Bhd ... Read More
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Malaysia Alcoholic Drinks
Alcoholic Drinks in Malaysia Elevated rates of inflation impacted consumer spending behaviour in 2023 with locals increasingly only purchasing alcoholic drinks during price promotions, which are usually organised around festive seasons such as Chinese New Year and Christmas. Prices of alcoholic drin ... Read More
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Serbia Spirits
Spirits in Serbia Spirits volume sales slowed down in 2023 with the on-trade responsible for most of the growth in Serbia. The on-trade sector is steadily recovering from the COVID-19 pandemic and should see a full rebound in volume sales during 2024. With the rate of inflation still increasing in 2 ... Read More
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Costa Rica Spirits
Spirits in Costa Rica Spirits in Costa Rica saw healthy volume growth due to strong spending and consumption in 2022, as consumers returned to bars and restaurants following the lifting of pandemic restrictions. Emerging and niche categories such as (imported) English gin recorded particularly stron ... Read More
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Costa Rica Alcoholic Drinks
Alcoholic Drinks in Costa Rica Following the revenge spending observed in 2022, 2023 saw a far more muted performance overall in alcoholic drinks in Costa Rica due to the macroeconomic situation in the country and challenging market conditions faced by consumers. Persistent inflationary pressures in ... Read More
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Tanzania Alcoholic Drinks
Alcoholic Drinks in Tanzania In 2023, alcoholic drinks in Tanzania has been facing significant shifts due to the steep rise in the cost of living. Many consumers have down-traded from premium to lower-priced brands to manage their budgets, while mid to higher-income individuals have continued to aff ... Read More
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