Category: Vodka & Gin
Vodka & Gin market research reports by Euromonitor International
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Greece Spirits
Spirits in Greece Spirits in Greece posted a further, if slower, increase in total volume sales in 2023, notwithstanding the cost-of-living crisis taking its toll on discretionary spending. The increase derived from ongoing strong growth in on-trade consumption as off-trade volume sales continued to ... Read More
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South Africa Alcoholic Drinks
Alcoholic Drinks in South Africa Total volume growth of alcoholic drinks in South Africa was significantly slower in 2023 compared to the previous year, as the country grappled with a period of high inflation. As a result, alcoholic drinks manufacturers experienced increased transport, fuel and prod ... 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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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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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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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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Finland Spirits
Spirits in Finland Volume sales of spirits in Finland continued to fall in 2023, alongside a drop in per-capita consumption. Demand was negatively impacted by the rising prominence of the sober curious trend, which promotes a more mindful and moderate approach to alcohol consumption. This resonated ... Read More
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Canada Alcoholic Drinks
Alcoholic Drinks in Canada Alcoholic drinks in Canada in 2023 presented a mixed picture. While overall volume growth remained modest, strong performances by Ready-to-Drink (RTD) beverages and non-alcoholic drinks masked a decline in traditional alcoholic beverage consumption. This decline is largely ... Read More
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Argentina Spirits
Spirits in Argentina Spirits sales exhibited stagnation in terms of total volume in Argentina in 2023, as consumers' purchasing power deteriorated against rampant inflation. However, some spirits continued to outperform, notably bitters, which hold the majority of spirits sales and reached the highe ... Read More
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Iraq Alcoholic Drinks
Alcoholic Drinks in Iraq Alcoholic drinks in Iraq faced huge challenges in 2023 after the Iraqi Government announced stricter enforcement of the 2017 ban on the sale of alcohol. In the KRG meanwhile, strong sales growth is being seen as the alcohol ban is not enforced there. With the entire supply c ... Read More
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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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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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