Category: Wine
Wine market research reports by Euromonitor International
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The Netherlands Wine
Wine in the Netherlands Overall volume sales in wine continued to decline in the Netherlands in 2023. Both off-trade and on-trade sales were hampered by an ageing consumer base and substantial growth in average unit prices across the subcategories. The long-term issues facing wine are most relevant ... Read More
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Israel Wine
Wine in Israel Wine saw volume sales increase in Israel in 2023. Hacarem raised the prices of its wine brands in January 2023 for on-trade establishments, with the off-trade channel also expected to see increases. Dalton Winery’s prices will increase by up to 8%, while boutique winery, Bravdo’s pric ... Read More
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Ireland Wine
Wine in Ireland Wine sales continued to decline in 2023, following an ongoing trend. One key factor for this is the high prices attributed to wine, notably so for sparkling wine and champagne, with these subcategories typically being expensive, and also affecting still light grape wine. Indeed, alth ... Read More
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Portugal Wine
Wine in Portugal Wine continues to perform well in current value terms, with volume sales stagnating in Portugal. Rising prices were evident in the on- and off trade, namely in sparkling wines, still light grape wine, and port wine. Inflationary pressures contributed to price increases as wine produ ... Read More
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Portugal Cider/Perry
Cider/Perry in Portugal Cider/perry remains among the most dynamic categories in Portugal, as it successfully combines flavour, freshness, lower ABV perception and a healthier image. The growing popularity of cider/perry is extending to a wider range of age segments. Somersby (Super Bock Group SGPS ... Read More
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Hong Kong, China Wine
Wine in Hong Kong, China Overall demand for wine in Hong Kong continued to grow in 2023, supported by the steady recovery of the on-trade channel amid increased frequency of social events, gatherings and banquets. The city’s reopening was the catalyst for many local consumers who wanted to host larg ... Read More
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Hong Kong, China Cider/Perry
Cider/Perry in Hong Kong, China Following the removal of pandemic restrictions, demand for cider/perry in Hong Kong continued to improve in 2023 due to the strong performance of off-trade in the city. In addition, the sustained openings of on-trade outlets led to a marginal increase through this cha ... Read More
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Georgia Wine
Wine in Georgia Throughout 2023, wine in Georgia witnessed a gradual recovery following the disruptions caused by the pandemic. Production of Georgian wine experienced growth, reaffirming its status as the most consumed alcoholic beverage in the country. However, a noteworthy trend persisted, with a ... 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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South Africa Cider/Perry
Cider/Perry in South Africa Cider/perry in South Africa witnessed intensified competition in 2023 from other categories, driven by solid growth, marketing and the development by leading players and newer entrants. For example, Brutal Fruit, known for its RTD offer, has been expanding its presence to ... 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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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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Greece Cider/Perry
Cider/Perry in Greece As the appeal of cider/perry in Greece remained limited among the domestic population, the category’s performance was fairly flat in 2023, with only a marginal drop in total volume sales. Retail volume sales dropped moderately while on-trade volume sales rose marginally. On the ... Read More
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Israel Cider/Perry
Cider/Perry in Israel Cider/perry saw volume sales fall in Israel in 2023. As the cocktail trend grew in the local market, the RTD trend grew as well. Local consumers who want to have a lighter drink typically opt for RTDs as the market is growing and becoming more prominent and accessible. Moreover ... 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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Italy Wine
Wine in Italy Wine saw volume sales fall in Italy in 2023. While wine had seen on-trade growth in the previous year as consumers eagerly returned to socialising outside the home once COVID-19 related restrictions were lifted, the category experienced decline in both on-trade and off-trade channels i ... Read More
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Poland Cider/Perry
Cider/Perry in Poland Cider/perry is a declining category, with a lack of interest or investment that could help stimulate sales. Due to falling demand, retail chains are reducing the shelf space provided for cider/perry, especially discounters, some of which have even give up selling cider/perry al ... Read More
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Switzerland Wine
Wine in Switzerland Wine in Switzerland registered positive but modest total volume growth in 2023. Moreover, growth was derived mainly through the ongoing recovery of on-trade volume sales from the slump caused by foodservice restrictions in the wake of the Coronavirus (COVID-19) crisis in 2020. No ... Read More
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Poland Wine
Wine in Poland Wine saw strong growth in current value terms in 2023 but this was the result of price hikes rather than an increase in demand with sales declining in total volume terms as financial pressures led to consumers adopting a more cautious approach to spending. Consumers in Poland bought l ... Read More