Category: Beverages
Beverages market research reports by Euromonitor International
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Latvia Rtds
Rtds in Latvia RTDs have a strong presence in Latvia but due to its maturity volume sales have slowed in 2023. The lack of regular product innovations in this year, in what is usually a pretty vibrant category, has also contributed to flat volume growth. RTDs witnessed robust growth in the on-trade ... Read More
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Slovenia Wine
Wine in Slovenia In 2023, consumers in Slovenia increasingly shifted their preferences from wine to stronger spirits. This trend is particularly evident among the younger population, who consume alcohol primarily for social enjoyment and tend to prefer beverages with higher alcohol content. The olde ... Read More
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Uzbekistan Wine
Wine in Uzbekistan In 2023, wine in Uzbekistan maintained its steady positive growth trend. There was a noticeable evolution in the culture of wine consumption, with consumers becoming increasingly informed and educated. While previously the focus was primarily on cheaper fortified wines, there was ... Read More
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Uruguay Beer
Beer in Uruguay Beer emerged as the most preferred alcoholic beverage among Uruguayans in 2023, accounting for more than half of total alcohol consumption. In recent years, there was a clear polarisation in consumption, favouring economic beer on the one hand and premium on the other, while the midd ... 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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Dominican Republic Wine
Wine in Dominican Republic Wine consumption remained low in the Dominican Republic in 2023, and also registered a significant drop in volume sales. With the economy spluttering, particularly in the first half of 2023, consumers cut down on wine consumption. That being said, volume sales increased th ... Read More
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Dominican Republic Rtds
Rtds in Dominican Republic RTDs were the star performer in the Dominican Republic in 2023. While other alcoholic drinks registered minimal volume growth, or saw sales decline, RTDs register double-digit percentage volume growth. Volume sales are now almost on par with wine. RTDs drinks are mainly co ... 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 Wine
Wine in Uruguay Although Uruguay enacted the alcohol zero law for driving several years ago, its ongoing impact on wine consumption remained significant in 2023. High outing costs in Uruguay, coupled with the necessity of using a taxi due to the prohibition on drinking and driving, have made dining ... 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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Lithuania Beer
Beer in Lithuania The year 2023 was a challenging for beer in Lithuania where volume sales in the both the off-trade and on-trade declined. Retail sales of beer fell into decline due to price inflation and concerns regarding the economy. On-trade beer volumes started the year strong buoyed by the fu ... 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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Taiwan Rtds
Rtds in Taiwan Much like the previous year of the review period, RTDs saw modest off-trade and current value growth in 2023 but a decline in on-trade sales. Euromonitor International's RTDs in Taiwan report offers a comprehensive guide to the size and shape of the market at a national level. It prov ... 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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Uzbekistan Beer
Beer in Uzbekistan Beer in Uzbekistan experienced growth in production despite a decrease in consumption in 2023, which was attributed to rising religious influence and a societal shift away from alcoholic drinks. This growth in production is explained by the market emerging from the shadows, along ... Read More
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Latvia Beer
Beer in Latvia Volume sales of beer decreased in 2023 due to strong price inflation which forced consumers to cut back on consumption. In the difficult economic climate, consumers switched to wine, RTDs, as well as spirits for mixing drinks. On-trade volume sales performed better as the channel cont ... 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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Turkey Beer
Beer in Turkey Beer registered positive volume growth in Turkey in 2023, despite the overall challenging economic conditions of steep prices rises and declining consumer spending power. Whilst volume sales are lower than those seen in 2022, beer benefits from having lower prices compared to spirits, ... Read More
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Tunisia Beer
Beer in Tunisia Beer, as a product area, in Tunisia faced a significant downturn in 2023, marked by negative volume growth following a robust performance in the previous year. This decline can largely be attributed to substantial price increases across both on-trade and off-trade outlets, which have ... 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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Slovenia Beer
Beer in Slovenia In 2023, the overall consumption of beer in Slovenia continued its decline as consumers increasingly shifted towards spirits, particularly gin and rum, which have become popular as social and luxury beverages. This trend is bolstered by a growing cocktail culture that has led to a d ... 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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Turkey Wine
Wine in Turkey Wine fell into a volume slump in Turkey in 2023, while value remained supported by unit price hikes. This volume decline in wine is due to the industry facing significant challenges, including poor grape harvesting, the aforementioned rising unit prices due to increased production cos ... Read More
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