Category: Whiskey
Whiskey market research reports by Euromonitor International
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Panama Alcoholic Drinks
Alcoholic Drinks in Panama Volume sales of alcoholic drinks rose in 2023 fuelled by a favourable economic climate including another year of strong real GDP growth and low inflation. However, despite improvement in the on-trade, the off-trade surpassed 2019 volume sales in many categories, while the ... Read More
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Israel Alcoholic Drinks
Alcoholic Drinks in Israel Alcoholic drinks saw volume sales rise in Israel in 2023 despite the fact that there was a large increase in the prices of alcohol. In January 2023, the tax on alcohol increased along with the increase of the Consumer Price Index (CPI), by 5.3%. Following the announcement ... Read More
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The Netherlands Spirits
Spirits in the Netherlands In terms of total volume sales, the spirits category was more or less static in 2023. As with other alcoholic drinks categories, current value growth was much higher as there was a substantial increase in average unit prices. Throughout the production and supply chain, the ... Read More
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Portugal Alcoholic Drinks
Alcoholic Drinks in Portugal Alcoholic drinks in Portugal witnessed positive growth in 2023, albeit at a much slower pace than the dynamic growth seen in the year prior. The positive performance came mainly from the on trade, supported by another record year of tourism for the country. Despite infla ... Read More
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El Salvador Alcoholic Drinks
Alcoholic Drinks in El Salvador Alcoholic drinks sales continued to rebound in 2023 with beer and aguardiente leading the recovery due to some consumer downtrading, while the on-trade benefited from increased tourism. Beer and spirits remain the largest categories, while wine sales remain low. RTDs ... Read More
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Bolivia Alcoholic Drinks
Alcoholic Drinks in Bolivia Growth in total volume sales of alcoholic drinks in Bolivia in 2023 was considerably slower than that recorded in 2022. This was mainly due to the stabilisation of on-trade demand, which had rebounded strongly in the previous two years in tandem with the easing of the pan ... Read More
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Lebanon Alcoholic Drinks
Alcoholic Drinks in Lebanon The two major trends in alcoholic drinks in Lebanon in 2023 were falling off-trade volume sales and rising on-trade demand. While the socioeconomic crisis has curbed spending, many local people are socialising in bars and restaurants more often and this, combined with buo ... Read More
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Georgia Spirits
Spirits in Georgia In 2023, the influx of immigrants from Russia did not significantly impact vodka sales in Georgia, resulting in a subdued growth compared to the previous year. Consumption of spirits remained relatively constant, with distinct preferences observed between regions and urban areas. ... Read More
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Bolivia Spirits
Spirits in Bolivia While total volume sales of spirits in Bolivia increased in 2023, growth continued to be constrained by contraband trade. This was particularly the case at the off-trade level, which accounts for the lion’s share of consumption and where the category registered a negative result i ... Read More
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South Africa Spirits
Spirits in South Africa White spirits in South Africa, as epitomised by gin and vodka, continued to record positive growth in 2023. Gordon’s Dry Gin aims to regain lost ground in gin by introducing two new flavours. Sunset Orange and Pink Berry have joined its other options, extending the brand’s fl ... Read More
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Cameroon Alcoholic Drinks
Alcoholic Drinks in Cameroon Beer remains the most dominant product area in alcoholic drinks in Cameroon, deeply embedded in the social and cultural fabric of the country, driven by high consumption rates during social gatherings and public festivities. The beer market, however, faced formidable cha ... Read More
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Bangladesh Alcoholic Drinks
Alcoholic Drinks in Bangladesh In 2023, sales of alcoholic drinks in Bangladesh have increased significantly, driven by a rise in local consumption alongside foreign customers. Previously, only foreigners partook, but shifting social values and norms have seen more locals adopting the habit despite ... Read More
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Hong Kong, China Alcoholic Drinks
Alcoholic Drinks in Hong Kong, China Alcoholic drinks in Hong Kong continued to record a positive performance in 2023 via both on-trade and off-trade channels, yet the expected pace of recovery lagged compared to the previous year’s estimates, impacted by a sluggish local economy. Despite this chall ... Read More
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Cambodia Alcoholic Drinks
Alcoholic Drinks in Cambodia In 2023, Cambodia's alcoholic drinks industry, particularly beer, has been thriving amidst a growing economy. Beer remains a favourite among Cambodians, with both local and international brands enjoying widespread popularity. Consumers spent around USD2.3 billion on beer ... Read More
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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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