Category: Wine
Wine market research reports by Euromonitor International
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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
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Colombia Cider/Perry
Cider/Perry in Colombia In 2023, demand for cider/perry declined in Colombia where consumption of cider is very low and by far the smallest of the five main alcoholic drinks categories. Most local consumers are not aware of this product, because of its limited availability at retail channels along w ... Read More
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Bosnia and Herzegovina Cider/Perry
Cider/Perry in Bosnia and Herzegovina Consumer demand for cider/perry in Bosnia and Herzegovina tends to be highly volatile, given that this category is small within alcoholic drinks. In 2023, even minor changes and shifts had significant impacts on the category's performance. Following a decline in ... Read More
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The Czech Republic Cider/Perry
Cider/Perry in the Czech Republic Price increases of cider/perry and the weak economic situation in the Czech Republic resulted in declining volume sales, whilst rising unit prices underpinned current value sales. The withdrawal of three key brands in 2022 continued to negatively impact volume sales ... 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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Italy Cider/Perry
Cider/Perry in Italy Cider/perry saw significant volume growth in Italy in 2023. Indeed, cider/perry was the only alcoholic drinks category to see a positive performance in volume terms in the Italian market in the final year of the review period. The small size of the category, which is still rathe ... Read More
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Finland Wine
Wine in Finland Wine in Finland saw declining sales in total volume terms in 2023. This was attributable entirely to a decrease in off-trade consumption, following the revival of personal imports from the neighbouring countries of Estonia and Lativia, where unit prices are more affordable. Euromonit ... Read More
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Canada Cider/Perry
Cider/Perry in Canada In 2023, cider/perry in Canada continued its downward trajectory. Although some growth was brought on by the on-trade sector, the off-trade segment saw a significant decline. The category struggled due to a lack of new product launches and faced stiff competition from ready-to- ... Read More
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Colombia Wine
Wine in Colombia Following the strong growth recorded in 2022, demand for wine in Colombia slowed down in 2023. The decline in volume and value sales can be attributed to the country's economic situation, where high inflation rates and low economic growth have negatively impacted purchasing power. F ... Read More
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