Category: Wine
Europe Wine
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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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Bosnia and Herzegovina Wine
... hinted at a gradual transition towards wine and spirits, signalling a nuanced evolution in the beverage landscape. The changing dynamics of consumer preferences were particularly evident in the horeca sector, where emerging food trends favoured ... Read More
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The Czech Republic Wine
... value growth was buoyed by increased prices due to inflation and higher production costs, with energy, wages and the cost of glass bottles rising significantly. The higher price of wine prevented many consumers from buying ... 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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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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Belgium Wine
... preferences within the dominant still light grape wine category. The main trend in still light grape wine in Belgium is that consumers are a somewhat bored with classic wines. Younger adults of legal drinking age ... Read More
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Hungary Wine
... celebrations and special occasions, is increasingly being enjoyed on more everyday occasions. In response to this trend, a growing number of wineries are adding sparkling wine to their portfolios, mostly in the premium segment. Currently, ... Read More
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Hungary Cider/Perry
... growing, in contrast to alcoholic flavoured/mixed lagers, which witnessed continued decline in total volume sales in the final year of the review period. The fact that cider comes in glass bottles, offering a more premium ... Read More
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Bulgaria Cider/Perry
... and long drinks, especially among younger and health-conscious consumers. The category increased even faster growth in current value terms, due to the prevailing high level of inflation and cumulative price rises, particularly in the first ... Read More
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Belgium Cider/Perry
... players and retailers were the main reasons for the downward trajectory in consumption towards the end of the review period. However, a silver lining has emerged as consumers turn to cider as a cheaper alternative ... Read More
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Finland Cider/Perry
... The beverage has traditionally been promoted as a lighter alternative to wine and a suitable accompaniment to meals, especially fish, seafood and spicy dishes. While large breweries continued to dominate the market, an increasing number ... Read More
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Bulgaria Wine
... inflationary conditions and price increases hindered demand and outweighed the reduced levels of VAT enjoyed by consumer foodservice operators since the COVID-19 pandemic. Locals chose to avoid or frequent on-trade establishments less frequently. Nonetheless, Bulgarians ... Read More
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Denmark Wine
... as there were no new products, and it mainly appealed to older consumers. Still grape wine trends have been transformed during the review period. Wine from the USA and Australia has seen the biggest growth ... 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 Cider/Perry
... terms. Producers of cider/perry have found it more challenging to fully recover from the pandemic, with the category having also seen a significant decline in total volume terms in 2022. There are several reasons behind ... Read More
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Spain Wine
... the picture was less positive in terms of volume sales with the challenging economic environment pushing consumers to reduce their spending on goods that are not considered essential, such as wine. Unlike beer, volume sales ... 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 Wine
... structural decline in wine consumption in France combined with the impact of inflation on prices and the challenging economic and geopolitical context. Even so, price increases were a bit more constrained in wine than in ... Read More
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France Alcoholic Drinks
... of elevated inflation, which made consumers more cautious in their spending, and a normalisation effect after the easing of COVID-19 restrictions in the latter half of 2021, leading to increased social events across 2022 and ... Read More
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France Cider/Perry
... were the recovery of on-trade sales as the pandemic came to an end and the positive development of certain high-end speciality cider/perry lines in 2022-2023. However, sales of perry, flavoured cider and sweet cider products ... Read More
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The United Kingdom Wine
... their spending and reduced their frequency of visits to pubs, bars and restaurants. This appeared in the context of long-term volume declines for wine in the UK, a trend which is partly being driven by ... Read More
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The United Kingdom Cider/Perry
... boost from pandemic-related restrictions, demand continued to stabilise during the year as consumers spent greater time outside of the home. However, the on-trade channel also struggled in 2023, with volumes remaining substantially lower than 2019 ... Read More
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