Category: Vodka & Gin
Europe Vodka & Gin
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Italy Alcoholic Drinks
... year. Consumers became more conservative with their spending, driven also by a trend towards healthier lifestyles. However, it should be noted that, despite the fall seen during the year, off-trade volume sales remained higher in ... Read More
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Bulgaria Spirits
... long period of stability. Nevertheless, the price of spirits still remained affordable for most consumers, which led to only a small decline in volume terms. Despite higher prices, the premiumisation trend gained momentum in line ... Read More
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Switzerland Alcoholic Drinks
... strongly at the end of the review period. This was due to several factors impacting consumption behaviour and overall sales. For example, amid still relatively high inflation, the rise in demand in the on-trade channel ... Read More
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Denmark Spirits
... non-alcoholic spirits and vodka saw the greatest gains. Prestige, super-premium, and ultra-premium spirits declined in 2023 as Danes opted for reliable, well-trusted standard brands and, to some extent, economy options. Despite economic uncertainty, Danes remai... ... Read More
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Finland Spirits
... a more mindful and moderate approach to alcohol consumption. This resonated especially with young adults, many of whom are drinking less than previous generations, whether on a night out or at home. Other contributing factors ... Read More
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Bosnia and Herzegovina Alcoholic Drinks
... affecting the country contributed to the reduction of the potential consumer base, thus limiting growth potential across all alcoholic drinks categories. Consequently, in 2023, alcoholic drinks witnessed a moderate total volume decline, which managed to ... Read More
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Hungary Spirits
... continued to drive the market for premium products at the end of the review period. This trend was bolstered by the resurgence of tourism and the revival of trade shows/tasting events, social and corporate entertainment ... Read More
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The Czech Republic Spirits
... due to prevailing high inflation, with the price of goods rising faster than wages. Overall, Czech consumers found themselves in a worse position compared to the previous year. Moreover, spirits continued to increase in price ... Read More
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Hungary Alcoholic Drinks
... they used to be. This was paralleled by the large pent-up demand for tourism/travel and leisure activities, which also directly impacted the market for alcoholic beverages. Euromonitor International's Alcoholic Drinks in Hungary report offers a ... Read More
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Poland Alcoholic Drinks
... was the result of a significant increase in the prices of alcoholic drinks resulting from both an increase in production and distribution costs, as well as another increase in excise duty. Production costs, raw materials, ... Read More
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Italy Spirits
... year. Indeed, consumers became more and more conservative in their spending. However, many consumers chose to drink less rather than trade down within spirits by moving from the premium or super premium categories down towards ... Read More
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Denmark Alcoholic Drinks
... while non-grape wine, brandy, cognac, and cider witnessed decline. In the spirits area, premium spirits faced challenges due to economic uncertainties, whereas well-established standard brands saw heightened demand. Despite lower unit prices per litre in ... Read More
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The Czech Republic Alcoholic Drinks
... High inflation and the rising cost of living hindered consumer purchasing power, with many choosing to avoid drinking in the on-trade or drinking less on visits. The on-trade channel was hardest hit in volume terms ... Read More
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Poland Spirits
... Although these price rises translated into strong growth in current value terms in 2023 it put a dent in sales of spirits in total volume terms. At a time of soaring inflation consumers limited purchases ... Read More
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Switzerland Spirits
... strong increase in 2023, following only a slight increment in 2022. Despite consumers’ general and growing inclination to reduce their alcohol consumption, spirits benefitted from alcoholic drinks being consumed more as an indulgence or a ... Read More
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Belgium Spirits
... of still relatively high inflation and strong pressure on consumer disposable incomes. Despite these economic challenges, spirits demonstrated some resilience, finding strength in the twin pillars of premiumisation and the awakening cocktail culture. It is ... Read More
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Bosnia and Herzegovina Spirits
... spirits categories. While whisky categories enjoyed robust consumer demand, the demand for rakija stagnated, and other distilled beverages saw a decline as the population shrank and the consumer base contracted. Despite these challenges, all spirits ... Read More
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Bulgaria Alcoholic Drinks
... this had little impact on retail prices, which continued to rise in some cases. Most producers found it necessary to increase prices as they had tried not to in 2022, so as to remain relevant ... Read More
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Finland Alcoholic Drinks
... personal imports from the neighbouring countries of Estonia and Lativia, where unit prices are more affordable. Cross-border trade took a hit during the pandemic, when “booze cruises” to the Baltic states were temporarily put on ... Read More
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Spain Spirits
... spirits in Spain can be attributed to several factors. First, as reflected in other categories, the growing awareness of the health risks associated with alcohol consumption has impacted consumer preferences. People are increasingly becoming more ... Read More
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Spain Alcoholic Drinks
... did see a full recovery in total current value terms. After two consecutive years of strong inflation, consumer purchasing power continued to decrease in 2023, whilst the price of alcoholic drinks continued to rise sharply. ... Read More
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France Spirits
... on-trade sales in 2021 and 2022. There were also supply difficulties due to numerous and intense droughts at a global level, which led to shortages with some brands disappearing from retailers’ shelves, notably in rum ... Read More
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The United Kingdom Spirits
... and the desire among local consumers to save money, leading to a lower frequency of visits to bars, pubs and restaurants. Meanwhile, despite the volume decline, many local consumers continued to drink spirits at home ... Read More
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The United Kingdom Alcoholic Drinks
... value sales continued to rise, mainly driven by unit price increases as a result of high inflation and rising production costs, rather than greater demand or widespread product innovation. The only category to buck this ... Read More
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Spirit Production in Europe - Industry Market Research Report
... the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their ... Read More
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