Category: Wine
Wine market research reports by Euromonitor International
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Alcoholic Drinks in Honduras
Alcoholic Drinks in Honduras By 2022, retail sales of alcoholic drinks were able to recover to 2019 volume levels. Nonetheless, inflationary pressures and tight budgets continued to have a negative impact on on-trade sales. Beer is by far the largest category due to its broad appeal. Positive growth ... Read More
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Wine in Bolivia
Wine in Bolivia The popularity of Argentine wine imports has experienced a significant surge in 2022, building on a trend that began in 2020. The fluctuations in the Argentine currency have been advantageous for local importers, resulting in lower prices for consumers. Among the importers, AJ Vierci ... Read More
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Cider/Perry in Bolivia
Cider/Perry in Bolivia The consumption of cider in Bolivia is primarily focused on holiday seasons such as Christmas and New Year celebrations, where it is typically used for toasting. Bolivian consumers have a preference for sweeter ciders, which they often pair with traditional breads like panetto ... Read More
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Alcoholic Drinks in Sri Lanka
Alcoholic Drinks in Sri Lanka After being negatively impacted by the COVID-19 pandemic, alcoholic drinks in Sri Lanka faces a new set of challenges in 2022. Firstly, global inflation is causing prices to rise, which has led many consumers to become more price sensitive and prioritise more essential ... Read More
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Wine in Argentina
Wine in Argentina Wine sales faced another problematic year in 2022. The industry faced an exorbitant increase in the cost of inputs, making the wineries increase their prices above inflation. Also, the main low-priced wine brands could not enter the government’s price control programme, ""Precios C ... Read More
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Cider/Perry in Argentina
Cider/Perry in Argentina Cider/perry became and innovative and dynamic marketplace with the distribution alliance between Cerveceria y Maltería Quilmes SAICAyG (AB-Inbev) and Bodegas Cuvillier at the beginning of 2021, which notably increased the penetration of ciders at a national level in 2022. Wi ... Read More
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Alcoholic Drinks in Jordan
Alcoholic Drinks in Jordan RTDs maintained total volume growth in 2022, with sales recovering to the pre-pandemic level in this year. Sales are projected to increase further as life in Hong Kong gradually returns to normal. On-trade volume sales increased in 2022, with outlets seeing a rise in footf ... Read More
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Alcoholic Drinks in Jordan
Alcoholic Drinks in Jordan RTDs maintained total volume growth in 2022, with sales recovering to the pre-pandemic level in this year. Sales are projected to increase further as life in Hong Kong gradually returns to normal. On-trade volume sales increased in 2022, with outlets seeing a rise in footf ... Read More
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Wine in Thailand
Wine in Thailand With the reopening programme implemented by the Thai Government and the removal of restrictions in 2022, consumers are returning to familiar lifestyles and tending to shift their consumption back to their original habits. For example, some consumers are switching back from retail to ... Read More
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Wine in Chile
Wine in Chile In 2021, Chileans enjoyed higher disposable incomes due to permission to make pension withdrawals in addition to government funded transfers, generating very high, and sometimes historic, growth rates across many categories of alcoholic drinks, including wine. This heightened demand wa ... Read More
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Wine in France
Wine in France In terms of total volume sales, 2022 was not the best vintage for wine in France. Rather, the category slightly waned as per the structural trend seen pre-pandemic, with a strong switch back from off-trade to on-trade. This contrasts with 2021, which was a positive year for wines whi ... Read More
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Wine in Mexico
Wine in Mexico In 2022, the significant decrease in import volumes due to the pandemic, disruptions to logistics, the scarcity of products, and a decrease in the production volumes of wine in California resulted in a significant increase in the production of wine in Mexico. Producers took the opport ... Read More
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Cider/Perry in Hong Kong, China
Cider/Perry in Hong Kong, China Due to the removal of pandemic restrictions, cider/perry observed modest total volume growth in 2022 compared with the previous year. This was partly due to the solid performance of the off-trade, whilst the sustained opening of on-trade outlets led to a strong increa ... Read More
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Wine in Vietnam
Wine in Vietnam Wine witnessed a partial recovery in volume terms in 2022, thanks to the relaxation of pandemic-related social distancing measures, which encouraged consumers to return to visiting on-trade outlets such as bars, restaurants and clubs. Sales were further boosted by the return of inter ... Read More
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Wine in Algeria
Wine in Algeria Sales of wine saw a significant decline in volume terms in 2020 due to lockdown and foodservice closures as a result of COVID-19. In 2021, given the importance attached to the social and celebratory aspect of wine drinking, the recovery of the category was linked to the easing or lif ... Read More
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Wine in Japan
Wine in Japan In 2022, total volume sales of wine recorded slight growth thanks to a rebound in sales in the on-trade channel. In March 2022, Japan ended the COVID-19 quasi-emergency in all prefectures, and foodservice outlets were able to operate without any restrictions. As a result, on-trade wine ... Read More
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Wine in the United Arab Emirates
Wine in the United Arab Emirates The global economic situation in 2022 saw many investors flock to the United Arab Emirates, so that they could protect their businesses from volatile markets and rising inflation. Dubai’s investors now have better access to fine wine trading. For example, Cult Wine I ... Read More
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Alcoholic Drinks in Ghana
Alcoholic Drinks in Ghana While alcoholic drinks are no longer being impacted by the COVID-19 pandemic in 2022, global inflation is impacting pricing and consumers incomes. This is leading to downtrading and is especially impacting premium and luxury brands. Meanwhile, the competitive landscape cont ... Read More
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Wine in the United Arab Emirates
Wine in the United Arab Emirates The global economic situation in 2022 saw many investors flock to the United Arab Emirates, so that they could protect their businesses from volatile markets and rising inflation. Dubai’s investors now have better access to fine wine trading. For example, Cult Wine I ... Read More
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Wine in Indonesia
Wine in Indonesia Compared to Old World wines, New World wines are generally sweeter and are, therefore, gaining in popularity amongst consumers in Indonesia, especially domestic consumers. In terms of pricing, New World wines are also generally more affordable than Old World alternatives and are, t ... Read More
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Wine in South Korea
Wine in South Korea Total volume growth of wine in South Korea notably slowed in 2022, with wine sales reaching a period of stabilisation following the category’s dynamic performance through off-trade during the first year of the pandemic, and through on-trade in 2021. Some wine importers planned to ... Read More
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Wine in the US
Wine in the US Over the past couple of years, total volume growth in wine turned to decline, and near-stagnation was seen in 2022. There were several reasons for this. The average wine consumer is highly educated and is well-off financially, yet also trends older in the US, mostly above the age of 5 ... Read More
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Wine in Singapore
Wine in Singapore After the emergence of the pandemic in 2020, on-trade sales of wine plummeted. This was followed by a strong rebound and renewed interest in 2021 and 2022, although on-trade demand had yet to completely normalise to the pre-pandemic level in 2022. Following the two-year break from ... Read More
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Wine in Hong Kong, China
Wine in Hong Kong, China Fine wines and champagnes saw notable growth in 2022, due to the removal of social distancing measures in the city. The city’s reopening was the catalyst for many locals who wanted to host large-scale events and banquets, such as weddings and celebratory dinners, thus leadin ... Read More
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Wine in Italy
Wine in Italy Wine registered a slight decline in total volume terms in 2022, albeit with contrasting fortunes for the on-trade and off-trade channels. On one hand, the complete lifting of COVID-19 restrictions supported a strong recovery of sales through on-trade. With restrictions lifted and COVID ... Read More
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