Category: Wine
Wine market research reports by Euromonitor International
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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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Algeria Wine
Wine in Algeria In 2023, wine in Algeria saw a boost in volume growth driven primarily by international tourism and the foodservice sector. The social and celebratory aspects of wine drinking played a crucial role in this growth, as the opening of new bars and restaurants created more opportunities ... Read More
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The Philippines Cider/Perry
Cider/Perry in the Philippines Cider/perry, which is a niche market in the Philippines, continued to see modest, albeit positive growth in volume terms in 2023. The category competes closely with other alcoholic drinks, such as beer and RTDs, which have a more established distribution, as well as a ... Read More
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China Wine
Wine in China In 2023, wine in China experienced declines in both total volume and total current value terms, with overall sales and revenue showing low single-digit decreases. Chinese consumers’ willingness to purchase and consume wine has decreased. In China, wine is mainly consumed in social sett ... Read More
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The United Kingdom Wine
Wine in the United Kingdom Volume sales of wine in the UK declined in both on-trade and off-trade channels in 2023. On-trade was impacted by the high cost of living as many consumers reined in their spending and reduced their frequency of visits to pubs, bars and restaurants. This appeared in the co ... Read More
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The United Kingdom Cider/Perry
Cider/Perry in the United Kingdom As with many other alcoholic drinks categories, total volume sales of cider/perry in the UK marginally declined in 2023. Cider/perry in the off-trade channel is quite mature, and following a boost from pandemic-related restrictions, demand continued to stabilise dur ... Read More
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Japan Cider/Perry
Cider/Perry in Japan In 2023, cider/perry in Japan witnessed a total volume decline. However, the on-trade rebound was significant, continuing the double-digit growth observed in 2022. Despite the lifting of COVID-19 quasi-emergency measures across all prefectures in 2022, the return to pre-pandemic ... Read More
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The US Wine
Wine in the US Wine in the US maintained total volume decline and current value growth in 2023. Following 2022 and the rise of inflation, 2023 was marked by continued increases in unit prices across beverages, and wine was no different from other alcoholic drinks. While most companies generated high ... Read More
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Japan Alcoholic Drinks
Alcoholic Drinks in Japan In 2023, total volume sales of alcoholic drinks in Japan saw a slight decline. However, performances differed widely across the two different channels. The on-trade channel demonstrated a second year of robust rebound as Japan began to move past the COVID-19 pandemic. In Ma ... Read More
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China Cider/Perry
Cider/Perry in China In 2023, cider/perry in China maintained high growth rates, with total volume and current value growth rates in the double digits. Particularly high growth was seen in the on-trade channel, with growth rates exceeding 20%. The strong growth of cider/perry can mainly be attribute ... Read More
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The US Cider/Perry
Cider/Perry in the US While overall cider/perry in the US marked 2023 with a loss of volume and value sales, and a loss of share in overall alcoholic drinks, advocates paint a rosier picture for the category’s performance and outlook. Much in the same way the larger narrative for other alcoholic dri ... Read More
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The US Alcoholic Drinks
Alcoholic Drinks in the US In 2023, the collective weight of inflationary pressures, waning consumer confidence, and persistent brand boycotts led total volume sales of alcoholic drinks in the US to drop to their lowest level in a decade. Bright spots existed in categories across the spectrum, but c ... Read More
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