Category: Wine
Wine market research reports by Euromonitor International
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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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Belgium Wine
Wine in Belgium Overall, wine in Belgium saw a faster decline in total volume sales in 2023, compared with 2022. The performance towards the end of the review period was impacted strongly by shifting consumer preferences within the dominant still light grape wine category. The main trend in still li ... Read More
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Hungary Wine
Wine in Hungary Total volume sales of wine fell slightly in Hungary in 2023. However, during the year, sparkling wine volume sales continued to grow, finally exceeding pre-pandemic levels. Sparkling wine consumption, traditionally reserved for celebrations and special occasions, is increasingly bein ... Read More
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Hungary Cider/Perry
Cider/Perry in Hungary Cider/perry saw a rise in total volume sales in Hungary in 2023. Cider, a relatively new category in the Hungarian alcoholic drinks market, remains a small segment compared to beer, but is growing, in contrast to alcoholic flavoured/mixed lagers, which witnessed continued decl ... Read More
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Bulgaria Cider/Perry
Cider/Perry in Bulgaria In 2023, the cider/perry category in Bulgaria witnessed strong growth in retail volume terms, thereby exceeding pre-pandemic levels. The development of this category is a result of the global trend towards low-alcohol and long drinks, especially among younger and health-consc ... Read More
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Vietnam Wine
Wine in Vietnam Unlike beer and spirits, the market for wine in Vietnam managed to register positive growth in total volume terms in 2023, despite the ongoing inflationary environment. This was partly due to the fact that key consumers of wine are middle- and high-income consumers, who are less like ... Read More
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Belgium Cider/Perry
Cider/Perry in Belgium In line with other alcoholic drinks categories, cider/perry in Belgium saw a decline in total volume sales in 2023. The burgeoning health trend and a lack of investment in the category by players and retailers were the main reasons for the downward trajectory in consumption to ... Read More
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Finland Cider/Perry
Cider/Perry in Finland Cider/perry sales in Finland registered a significant decline in volume terms in 2023, in the face of growing maturity and intense competition from other alcoholic drinks, such as beer, wine and RTDs. The beverage has traditionally been promoted as a lighter alternative to win ... Read More
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Bulgaria Wine
Wine in Bulgaria Wine in Bulgaria continued to enjoy buoyant retail volume growth, underpinned by the recovery of on-trade sales following the pandemic. However, wine consumption through the on-trade still remained below 2019 levels as inflationary conditions and price increases hindered demand and ... Read More
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Denmark Wine
Wine in Denmark Total volume sales of wine were stagnant in Denmark in 2023. The largest area, red wine, continued declining, while white, rosé, and sparkling wine performed better. Non-grape wine was another declining area as there were no new products, and it mainly appealed to older consumers. St ... Read More
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Argentina Alcoholic Drinks
Alcoholic Drinks in Argentina Argentina found itself navigating through turbulent economic waters in 2023, grappling with political dysfunction and economic instability against the backdrop of one of the world's highest inflation rates. The prevailing macroeconomic environment cast a shadow of uncer ... Read More
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Bulgaria Alcoholic Drinks
Alcoholic Drinks in Bulgaria Alcoholic drinks in Bulgaria was heavily influenced by price increases in 2023, due to the prevalence of high inflation. The second half of the year saw inflation start to fall, but this had little impact on retail prices, which continued to rise in some cases. Most prod ... Read More
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Finland Alcoholic Drinks
Alcoholic Drinks in Finland Alcoholic drinks in Finland experienced a decline in total volume sales in 2023, alongside a drop in per-capita consumption. While on-trade volumes remained buoyant, off-trade sales suffered from the revival of personal imports from the neighbouring countries of Estonia a ... Read More
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Spain Cider/Perry
Cider/Perry in Spain 2023 was a tough year for cider/perry with sales declining sharply in both on- and off-trade volume terms. Unlike other alcoholic drinks, cider/perry also reported a sharp decline in total current value terms. Producers of cider/perry have found it more challenging to fully reco ... Read More
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Spain Wine
Wine in Spain Sales of wine continued to grow in current value terms in the on- and off-trade channels. Inflation led to a further increase in unit prices which boosted value sales of wine. However, the picture was less positive in terms of volume sales with the challenging economic environment push ... Read More
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Spain Alcoholic Drinks
Alcoholic Drinks in Spain Sales of alcoholic drinks in Spain reported flat growth in total volume terms in 2023 with neither the on-trade or off-trade channels seeing a return to pre-pandemic sales levels. However, sales did see a full recovery in total current value terms. After two consecutive yea ... Read More
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France Wine
Wine in France Wine registered one of its worst performances over the last decade in 2023, outside of 2020 when the outbreak of COVID-19 put a huge dent in sales. This stemmed from an ongoing structural decline in wine consumption in France combined with the impact of inflation on prices and the cha ... Read More
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South Korea Wine
Wine in South Korea In South Korea, the alcoholic drinks industry has been rapidly evolving, witnessing a swift transition from imported beers to craft beers, then to wines, and subsequently to whiskies and highballs. The industry is now speculating about the next big trend, following the strong sur ... Read More
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The Philippines Wine
Wine in the Philippines Despite inflationary pressures, demand for wine in the Philippines continued to grow in 2023. On-trade volumes grew at a faster rate than their off-trade counterparts, with sales edging closer towards pre-pandemic levels. Euromonitor International's Wine in Philippines report ... Read More
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The Philippines Alcoholic Drinks
Alcoholic Drinks in the Philippines Alcoholic drinks in the Philippines continued to see healthy growth in volume terms in 2023. This was within the context of a gradually improving economy, which had a positive impact on consumer spending. Indeed, the country finished with year with a GDP growth ra ... Read More
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France Alcoholic Drinks
Alcoholic Drinks in France Sales of alcoholic drinks in France declined in total volume terms in 2023, following moderate growth in 2022 and strong growth in 2021. Factors contributing to this stagnation included the impact of elevated inflation, which made consumers more cautious in their spending, ... Read More
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Algeria Alcoholic Drinks
Alcoholic Drinks in Algeria Alcoholic drinks in Algeria recorded a positive performance in 2023, although the growth was relatively lower than in 2022. The price hikes, especially for wine and spirits, led to stronger growth in total value terms compared to total volume terms. The ongoing economic c ... Read More
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France Cider/Perry
Cider/Perry in France Although sales of cider/perry declined in total volume terms in 2023 the category actually reported a more stable performance than earlier in the review period. The main contributors to this slight improvement were the recovery of on-trade sales as the pandemic came to an end a ... Read More
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