Category: Alcoholic Beverages
Alcoholic Beverages market research reports by Euromonitor International
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Uzbekistan Spirits
Spirits in Uzbekistan Vodka remains the largest category among spirits in Uzbekistan, occupying up to 95% of the spirits market by volume, making its dynamics crucial to the overall spirits market. In 2023, vodka posted negative trends in both production and sales. Factors such as increasing religio ... Read More
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Sri Lanka Alcoholic Drinks
Alcoholic Drinks in Sri Lanka In 2023, alcoholic drinks in Sri Lanka is facing significant challenges due to stringent regulations, high tariffs, and economic issues. Despite these hurdles, Lion Beer has maintained a dominance of 94% market share, although it experienced a decline in overall sales. ... Read More
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Taiwan Alcoholic Drinks
Alcoholic Drinks in Taiwan Alcoholic drinks in Taiwan witnessed moderate decline across all metrics in 2023, primarily due to rising inflationary spikes, increased costs in international shipping, and logistics and inventory issues. For local brands, workforce insufficiency is a more significant iss ... Read More
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Turkey Alcoholic Drinks
Alcoholic Drinks in Turkey Alcoholic drinks registered fairly modest single-digit volume growth in Turkey in 2023, with off-trade sales stronger than on-trade sales due to a notable transition between these channels. However, value growth continues to hit robust double-digit figures due to the signi ... Read More
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Peru Spirits
Spirits in Peru Peru’s government announced in the second half of 2023 that the country had entered an economic recession. This was a result of high inflation, the lingering effects of the pandemic, the strikes and protests following the replacement of former President Castillo, in addition to the f ... Read More
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Kuwait Alcoholic Drinks
Alcoholic Drinks in Kuwait In 2023, the alcoholic drinks in Kuwait has been shaped by geopolitical dynamics, influencing consumer preferences. Conscious buying has surged, with a focus on local and Middle Eastern brands, fostering a sense of ethical satisfaction and peer approval. Brands taking poli ... Read More
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Taiwan Spirits
Spirits in Taiwan A decline in volume sales of spirits in Taiwan in 2023 reflected inflationary spikes, which led to increasing costs and workforce, shipping, logistics and inventory issues. The cost of spirits is relatively high compared with other alcoholic drinks categories, and price sensitivity ... Read More
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Slovenia Spirits
Spirits in Slovenia In 2023, spirits emerged as one of the fastest-growing categories in alcoholic drinks in Slovenia. This surge in consumption is primarily driven by the perceived quality and association with status and sophistication. Rum and gin, in particular, have experienced significant growt ... Read More
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Uruguay Cider/Perry
Cider/Perry in Uruguay Historically, cider/perry has struggled to establish itself in alcoholic beverages, primarily competing on price. This has led to its reputation as an economical, basic product available in large, accessible formats, lacking sophistication. As the market for alcoholic beverage ... Read More
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Uruguay Spirits
Spirits in Uruguay In 2023, spirits in Uruguay was negatively impacted due to the economic situation in Argentina, which resulted in a decrease in local volume sales. The favourable dollar exchange rate in Argentina made the country highly affordable for Uruguayan tourists, leading to a substantial ... Read More
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Tunisia Spirits
Spirits in Tunisia Spirits in Tunisia faced considerable challenges in 2023, recording negative volume growth amidst economic pressures and regulatory changes. Decreased purchasing power among Tunisian consumers, coupled with new taxes levied on spirits, contributed to higher prices and reduced affo ... Read More
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Slovenia Cider/Perry
Cider/Perry in Slovenia In 2023, cider emerged as the fastest-growing category of alcoholic drinks in Slovenia. Its increasing popularity can be attributed to the well-known health benefits of its ingredients and the high number of apples produced locally. Consumers are seeking refreshing drinks tha ... Read More
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Lithuania Spirits
Spirits in Lithuania Volume sales of spirits declined in 2023, partly due to economic concerns in Lithuania. On-trade sales faced a challenging period during the second half of the year as the post-pandemic euphoria of going out slowed down. Consumers started reacting to the much higher price of spi ... Read More
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Taiwan Cider/Perry
Cider/Perry in Taiwan Cider/perry gained momentum during the COVID-19 pandemic when local consumers stayed home due to fears around contagion. However, Taiwan reopened its national border in 2023, and with a resumption of travel and more opportunities to socialise outside of the home, cider/perry pe ... Read More
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Dominican Republic Alcoholic Drinks
Alcoholic Drinks in Dominican Republic Overall, it was a muted picture for alcoholic drinks in the Dominican Republic in 2023, with volume sales falling overall, as the economy spluttered. However, the picture improved in the second half of the year, as the economy picked up. Euromonitor Internation ... Read More
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Slovenia Alcoholic Drinks
Alcoholic Drinks in Slovenia In 2023, spirits emerged as the fastest-growing category in alcoholic drinks in Slovenia, driven largely by the growing premiumisation trend. This trend heightened demand for craft spirits, as consumers sought premium drinks for a more sophisticated experience. Within th ... Read More
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Uruguay Alcoholic Drinks
Alcoholic Drinks in Uruguay In 2023, the economic situation in Uruguay experienced a more negative turn than anticipated in the previous year, primarily due to drought conditions during the first half of the year. The GDP grew and overall consumption remained stable. Inflation, which initially showe ... Read More
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Tunisia Alcoholic Drinks
Alcoholic Drinks in Tunisia In 2023, alcoholic drinks presents a challenging landscape characterised by significant price increases and declining demand across major subcategories including beer, wine, and spirits. This decline is primarily attributed to the diminishing purchasing power of local con ... Read More
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Lithuania Alcoholic Drinks
Alcoholic Drinks in Lithuania The year 2023 was a sobering year for alcoholic drinks in Lithuania following a period of relative prosperity. Volume sales of alcoholic drinks boomed during the pandemic as locals consumed more out of boredom and general anxiety. The year started very well, especially ... Read More
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Peru Alcoholic Drinks
Alcoholic Drinks in Peru 2023 was a year of mixed results for alcoholic drinks in Peru. With a second consecutive year of high inflation and a sharp rise in living costs Peruvians became more cautious in their spending when it came to alcoholic drinks, with the most affected categories being spirits ... Read More
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Latvia Alcoholic Drinks
Alcoholic Drinks in Latvia Alcoholic drinks in Latvia witnessed volume sales decline in 2023 as economic conditions hampered purchasing power and led to weaker consumption. Price inflation remained prominent with higher production and energy costs putting upward pressure on players to increase price ... Read More
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Dominican Republic Spirits
Spirits in Dominican Republic While spirits continued to be a popular alcoholic drink in the Dominican Republic in 2023, it registered a significant drop in volume sales. With the economy spluttering and prices also rising, consumers cut down on consumption of spirits, as prices are higher than for ... Read More
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Latvia Spirits
Spirits in Latvia Total volume sales stagnated in spirits as household budgets remained under pressure in Latvia from the high costs of living. The strong performance in 2022 was fuelled by the relaxation of pandemic restrictions, which boosted sales in horeca establishments. Although consumers bega ... Read More
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Turkey Spirits
Spirits in Turkey Spirits saw a significant shift from the on-trade to the off-trade channel in Turkey in 2023. Whereas on-trade was buoyant in 2022 thanks to consumers’ return to out-of-home lifestyles following the event of the pandemic, 2023 brought about various challenges, from unstable economi ... Read More
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Dominican Republic Cider/Perry
Cider/Perry in Dominican Republic Consumption of cider/perry is low in the Dominican Republic and in 2023, it was even lower, with volume sales falling significantly. There was increased price sensitivity, as the economy spluttered, particularly in the first half of the year., and this dampened volu ... Read More
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