Category: Vodka & Gin
Asia Vodka & Gin
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Thailand Spirits
... as Bangkok, Phuket, and Chiang Mai, have a thriving nightlife scene with bars, clubs, and restaurants offering a wide selection of alcoholic beverages to both locals and visitors. Thailand has a mix of both local ... Read More
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Thailand Alcoholic Drinks
... niche segment. Tourism was a key influence on the development of the alcoholic drinks market in Thailand during the year. Thailand is a popular tourist destination known for its nightlife and entertainment venues and the ... Read More
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Myanmar Alcoholic Drinks
... stable regions. The off-trade channel is also expanding, particularly through alcohol specialist retailers and convenience stores, which has further supported growth. However, inflation and currency depreciation are posing challenges and inhibiting consumption rates. Despite these ... Read More
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Kazakhstan Spirits
... traditional significance in Kazakh culture, its consumption is on the decline, influenced by various factors including the increasing popularity of other spirits such as whiskey, rum and gin. Substantial price hikes over the past two ... Read More
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Kazakhstan Alcoholic Drinks
... the local economy and leading to high inflation. Inflation continued to be very high in 2023, though it did ease at the end of the year due to monetary tightening. Euromonitor International's Alcoholic Drinks in ... Read More
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Uzbekistan Alcoholic Drinks
... both vodka and beer experienced negative trends in consumption, with a decline in sales and production. Additionally, the presence of a growing grey market posed a significant challenge to the legal market for both beverages, ... Read More
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Uzbekistan Spirits
... negative trends in both production and sales. Factors such as increasing religiosity and the decreasing consumption of alcohol among young people contributed to this decline. However, the most significant challenge to the legal vodka market ... Read More
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Sri Lanka Alcoholic Drinks
... 94% market share, although it experienced a decline in overall sales. Increased beer prices and shifting consumer preferences have contributed to this downturn. Political and economic factors, including inflation and rising import duties, further disrupted ... Read More
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Taiwan Alcoholic Drinks
... workforce insufficiency is a more significant issue, while increasing shipping costs are more concerning for imported brands. Aside from this, Taiwanese consumers remain highly price sensitive. Euromonitor International's Alcoholic Drinks in Taiwan report offers a ... Read More
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Turkey Alcoholic Drinks
... to hit robust double-digit figures due to the significant price hikes seen in the recent review period. Euromonitor International's Alcoholic Drinks in Turkey report offers a comprehensive guide to the size and shape of the ... Read More
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Taiwan Spirits
... high compared with other alcoholic drinks categories, and price sensitivity negatively impacted the category. However, current value sales received a moderate boost as a result of higher unit prices. Euromonitor International's Spirits in Taiwan report ... Read More
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Turkey Spirits
... of the pandemic, 2023 brought about various challenges, from unstable economic conditions and escalating prices, through to the aftermath of earthquakes in the country. Foodservice outlets notably suffered, with the decrease in clientele reflecting the ... Read More
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Laos Alcoholic Drinks
... a large proportion of the population has continued to purchase beer despite the rising prices. The impact of tourism on alcohol sales remains uncertain due to a lack of specific data, though increased tourist arrivals ... Read More
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Pakistan Alcoholic Drinks
... Pakistan, with only beer and spirits significant enough to show in the data. Both these categories are driven by Westernisation trends, with high-end products perceived as status symbols. On the other hand, wine, cider/perry, and ... Read More
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Pakistan Spirits
... Pakistan, due to the country’s stringent restrictions and licensing regulations. Euromonitor International's Spirits in Pakistan report offers a comprehensive guide to the size and shape of the market at a national level. It provides the ... Read More
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Georgia Spirits
... with distinct preferences observed between regions and urban areas. While home-made wine continued to be favoured in rural regions, consumers in cities displayed a preference for spirits. The active expansion of modern retail outlets played ... Read More
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Bangladesh Alcoholic Drinks
... have seen more locals adopting the habit despite traditional and religious prohibitions. However, the future poses challenges for importers, retailers, and manufacturers due to political unrest and a slowing economy. Political instability may restrict drinking ... Read More
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Hong Kong, China Alcoholic Drinks
... previous year’s estimates, impacted by a sluggish local economy. Despite this challenge, sales continued to rise following the removal of travel restrictions and the number of events that Hong Kong hosted during the year, attracting ... Read More
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Cambodia Alcoholic Drinks
... spent around USD2.3 billion on beer in 2023. Meanwhile, the country's GDP grew by 5%, supported by stable domestic politics, tourism recovery, increased investments, beneficial free trade agreements, and a robust banking system. Alcoholic drinks ... Read More
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Hong Kong, China Spirits
... hosted and public festivals, concerts, and events helped to drive up demand. Both on-trade and off-trade outlets witnessed an upturn as the city gradually returned to normal after reopening, with traditionally popular spirits such as ... Read More
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Georgia Alcoholic Drinks
... inflation and a stable exchange rate contributed to the prevention of significant price growth in alcoholic drinks. Euromonitor International's Alcoholic Drinks in Georgia report offers a comprehensive guide to the size and shape of the ... Read More
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Vietnam Alcoholic Drinks
... to the elevated rate of inflation, which impacted household spending. With prices continuing to rise, many consumers, especially those in the lower-income segment, opted to cut back on non-essentials in order to save money. Growth ... Read More
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Vietnam Spirits
... elevated rate of inflation, which forced many consumers to cut back on discretionary spending in order to save money. With the bulk of volume sales within the category accounted for by local white spirits, which ... Read More
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The Philippines Alcoholic Drinks
... on consumer spending. Indeed, the country finished with year with a GDP growth rate of 5.6%, which exceeded that of other major Asian economies, including China, Vietnam and Malaysia. Euromonitor International's Alcoholic Drinks in Philippines ... Read More
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South Korea Alcoholic Drinks
... by significant consumer cost burden due to inflation. This economic pressure curtailed the anticipated recovery of the on-trade channel, minimising growth and contributing to a challenging year overall for alcoholic drinks. Meanwhile, despite seeing another ... Read More
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