Category: Whiskey
Whiskey market research reports by Euromonitor International
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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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Poland Alcoholic Drinks
Alcoholic Drinks in Poland Sales of alcoholic drinks declined both in off-trade and on-trade volume terms in Poland in 2023. At the same time, alcoholic drinks saw strong growth in total current value terms. This was the result of a significant increase in the prices of alcoholic drinks resulting fr ... Read More
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Italy Spirits
Spirits in Italy Spirits saw volume sales decline in Italy in 2023. Strong price rises and pressure on purchasing power had dire effects on demand for spirits through both on-trade and off-trade channels during the year. Indeed, consumers became more and more conservative in their spending. However, ... Read More
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Denmark Alcoholic Drinks
Alcoholic Drinks in Denmark In 2023, total volume sales of alcoholic drinks in Denmark remained stagnant, revealing significant disparities across various product areas. Non-alcoholic drinks, flavoured lager, rosé wine, and sparkling wine experienced robust growth, while non-grape wine, brandy, cogn ... Read More
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Angola Alcoholic Drinks
Alcoholic Drinks in Angola In 2023, alcoholic drinks in Angola has faced challenges amidst fluctuating inflation and a high cost of living. Despite these hurdles, demand for national brands surged, due to greater availability and affordability. Spirits is also poised for significant value growth, dr ... Read More
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The Czech Republic Alcoholic Drinks
Alcoholic Drinks in the Czech Republic Adults in the Czech Republic consumed lower quantities of alcoholic drinks in 2023 due to the difficult economic climate and the growing preference for beverages with lower alcohol content. High inflation and the rising cost of living hindered consumer purchasi ... Read More
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Poland Spirits
Spirits in Poland The average unit price of spirits in Poland rose sharply in 2023 due to high inflation, an increase in production costs, and a further increase in the excise tax rate by 5%. Although these price rises translated into strong growth in current value terms in 2023 it put a dent in sal ... Read More
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Vietnam Spirits
Spirits in Vietnam The market for spirts 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 forced many consumers to cut back on discretionary spendin ... Read More
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Switzerland Spirits
Spirits in Switzerland Spirits in Switzerland saw further double-digit on-trade volume growth in 2023, while off-trade volume sales returned to growth after a moderate slowdown in 2022. As a result, total volume sales witnessed a strong increase in 2023, following only a slight increment in 2022. De ... Read More
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Colombia Spirits
Spirits in Colombia Spirits faced a challenging year in 2023 due to the complex macroeconomic environment, high inflation rates and low economic growth in Colombia. Consumers traded down between categories and brands due to lower purchasing power. Although the total volume of spirits increased in 20 ... Read More
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Egypt Spirits
Spirits in Egypt Compared to other alcoholic drinks categories, the market for spirits in Egypt registered only modest volume growth in 2023. This was due largely to its relatively high price point compared to other products, such as beer and wine, which made it especially sensitive to the challengi ... Read More
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Canada Spirits
Spirits in Canada Spirits continued to show healthy growth in 2023, driven by strong performances in categories like tequila, vodka, and non-alcoholic spirits. The increasing demand for high-quality and innovative products fuelled significant new product development (NPD) activity. Notable launches ... Read More
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