Category: Alcoholic Beverages
Alcoholic Beverages market research reports by Euromonitor International
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Greece Cider/Perry
Cider/Perry in Greece As the appeal of cider/perry in Greece remained limited among the domestic population, the category’s performance was fairly flat in 2023, with only a marginal drop in total volume sales. Retail volume sales dropped moderately while on-trade volume sales rose marginally. On the ... Read More
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Israel Cider/Perry
Cider/Perry in Israel Cider/perry saw volume sales fall in Israel in 2023. As the cocktail trend grew in the local market, the RTD trend grew as well. Local consumers who want to have a lighter drink typically opt for RTDs as the market is growing and becoming more prominent and accessible. Moreover ... Read More
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Ireland Spirits
Spirits in Ireland Spirits achieved marginal volume growth in Ireland in 2023. While off-trade sales saw a sub-decimal volume decline, this was balanced by small positive growth in on-trade sales. This is supported by mixology trends, alongside the fact that cocktails (and “mocktails”) are becoming ... Read More
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Hong Kong, China Spirits
Spirits in Hong Kong, China Total volume sales of spirits in Hong Kong continued to rise in 2023, as tourists and expatriates gradually returned to the city, while an increase in the number of banquets hosted and public festivals, concerts, and events helped to drive up demand. Both on-trade and off ... Read More
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Portugal Spirits
Spirits in Portugal After a very strong 2022, the expectations from spirits producers, distributors and retailers in Portugal were very high for 2023. However, sales slowed considerably as Portuguese consumers were confronted by the rising cost of living, high interest rates, and economic uncertaint ... Read More
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Israel Spirits
Spirits in Israel Spirits saw a slight rise in volume sales in Israel in 2023. The locally produced spirits market has been growing in recent years. Milk & Honey (M&H) whisky won an international award in the World Whiskies Awards 2023 for having the World's Best Single Malt Whisky. This was the fir ... Read More
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Paraguay Alcoholic Drinks
Alcoholic Drinks in Paraguay Total volume sales of alcoholic drinks in Paraguay maintained positive growth in 2023. Demand was boosted by the full resumption of society in the wake of the pandemic and subsequent release of pent-up demand as well as the return of tourism. Consumers craved sophisticat ... Read More
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Greece Alcoholic Drinks
Alcoholic Drinks in Greece Overall, alcoholic drinks in Greece saw flat total volume sales in 2023, despite the impact of inflation and the cost-of-living crisis upon disposable incomes and purchasing power. Off-trade volume sales fell in a number of categories, influenced by the reopening of the ma ... Read More
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Georgia Alcoholic Drinks
Alcoholic Drinks in Georgia In 2023, the impact of immigrants from Russia on alcoholic drink sales in Georgia was negligible, resulting in a more subdued sales growth compared to the previous year. Despite this, moderate inflation and a stable exchange rate contributed to the prevention of significa ... Read More
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Belgium Alcoholic Drinks
Alcoholic Drinks in Belgium In 2023, alcoholic drinks in Belgium registered a strong decline in total volume sales. This performance was heavily influenced by the economic challenges caused by still relatively high inflation and related pressures on energy, production and transportation costs, produ ... Read More
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Italy Alcoholic Drinks
Alcoholic Drinks in Italy Alcoholic drinks saw total volume sales decline in Italy in 2023. Price spikes and pressure on consumer purchasing power had a strongly negative impact on demand for alcoholic drinks during the year. Consumers became more conservative with their spending, driven also by a t ... Read More
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Poland Cider/Perry
Cider/Perry in Poland Cider/perry is a declining category, with a lack of interest or investment that could help stimulate sales. Due to falling demand, retail chains are reducing the shelf space provided for cider/perry, especially discounters, some of which have even give up selling cider/perry al ... Read More
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Bulgaria Spirits
Spirits in Bulgaria In 2023, the consumption of spirits in Bulgaria increased with volume sales rising well in on-trade venues but declining marginally in retailers. Current value growth was fuelled by price rises after a long period of stability. Nevertheless, the price of spirits still remained af ... Read More
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Colombia Cider/Perry
Cider/Perry in Colombia In 2023, demand for cider/perry declined in Colombia where consumption of cider is very low and by far the smallest of the five main alcoholic drinks categories. Most local consumers are not aware of this product, because of its limited availability at retail channels along w ... Read More
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Bosnia and Herzegovina Cider/Perry
Cider/Perry in Bosnia and Herzegovina Consumer demand for cider/perry in Bosnia and Herzegovina tends to be highly volatile, given that this category is small within alcoholic drinks. In 2023, even minor changes and shifts had significant impacts on the category's performance. Following a decline in ... Read More
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The Czech Republic Cider/Perry
Cider/Perry in the Czech Republic Price increases of cider/perry and the weak economic situation in the Czech Republic resulted in declining volume sales, whilst rising unit prices underpinned current value sales. The withdrawal of three key brands in 2022 continued to negatively impact volume sales ... Read More
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Switzerland Alcoholic Drinks
Alcoholic Drinks in Switzerland Total volume sales of alcoholic drinks in Switzerland decreased slightly in 2023, due to the moderate drop recorded by the dominant category, beer. Meanwhile, in current terms, total value sales rose strongly at the end of the review period. This was due to several fa ... Read More
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Egypt Alcoholic Drinks
Alcoholic Drinks in Egypt The market for alcoholic drinks Egypt saw continued growth in volume terms in 2023, despite a difficult economic climate. All categories saw significant price increases, as unprecedented inflationary pressures took their toll on manufacturing costs. Within this challenging ... Read More
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Vietnam Alcoholic Drinks
Alcoholic Drinks in Vietnam The market for alcoholic drinks 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 impacted household spending. With price ... Read More
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Colombia Alcoholic Drinks
Alcoholic Drinks in Colombia 2023 was a more challenging year for alcoholic drinks in Colombia, both in the retail channel and the on-trade including bars, restaurants and night clubs. After the strong growth recorded following the end of the pandemic, high inflation impacted household budgets and C ... Read More
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Italy Cider/Perry
Cider/Perry in Italy Cider/perry saw significant volume growth in Italy in 2023. Indeed, cider/perry was the only alcoholic drinks category to see a positive performance in volume terms in the Italian market in the final year of the review period. The small size of the category, which is still rathe ... Read More
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Canada Cider/Perry
Cider/Perry in Canada In 2023, cider/perry in Canada continued its downward trajectory. Although some growth was brought on by the on-trade sector, the off-trade segment saw a significant decline. The category struggled due to a lack of new product launches and faced stiff competition from ready-to- ... Read More
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Vietnam Cider/Perry
Cider/Perry in Vietnam Cider/perry remained a relatively niche product in terms of volume sales in Vietnam in 2023, due to the overwhelming popularity of beer in the country. While it can be advertised, due to its low ABV, its higher unit price compared to beer is a significant disadvantage when it ... Read More
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Denmark Cider/Perry
Cider/Perry in Denmark Cider/perry sales experienced a decline in 2023 in Denmark, reflecting shifting consumer preferences and product innovation trends. While manufacturers primarily focused on spirit-based RTDs, the launch of flavoured lager by Carlsberg in 2023 influenced some cider drinks to op ... Read More
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Denmark Spirits
Spirits in Denmark Overall, spirits sales declined moderately in Denmark in 2023. There were substantial differences among the various spirits categories. Products such as akvavit, brandy, and cognac experienced the most significant volume reductions, while non-alcoholic spirits and vodka saw the gr ... Read More
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