Belgium Spirits Industry Outlook 2022 - 2026

Key Market Indicators

Belgian spirits production is forecast to reach €43 million by 2026, down from €74 million in 2021. Since 2014, production has decreased by 4.6% annually on average. In 2021, Belgium was ranked 15th, with Portugal ahead at €74 million. France, Italy and Poland respectively took the second, third and fourth spots. Belgian spirits sales are expected to reach €57 million by 2026, down from €87 million in 2021. Since 2014, the market has decreased by 3.8% year on year. In 2021, Romania overtook Belgium at €87 million, with France, Poland and Italy ranking second, third and fourth respectively. In 2020, spirits consumption in Belgium fell to €17 million, from €92 million in 2014. This marked a 38.9% decrease year on year, and an 81.9% decrease since 2014. Poland, Italy and Germany respectively were second, third and fourth in this ranking.

Belgium Spirits Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

• Spirits Sector: Comparing Pernod Ricard and Rémy Cointreau's Global Involvement

  Pernod Ricard and Rémy Cointreau both play a major role in the Spirits sector but they operate on different scales. Pernod Ricard is the world's second largest spirits company with a broad portfolio of known brands like Absolut Vodka and Jameson Irish Whiskey. Rémy Cointreau, however, is a smaller player,...

  Discover more insights

• Spirits Market Overview: Unveiling Size & Trends Across the Globe

  Globally, the spirits market displays robust growth, due to a variety of interconnecting factors. The industry's rising popularity can be credited to changing consumer preferences and an increasing inclination towards premium and ultra-premium products. The proliferation of craft distilleries, particularly across developed markets, has further expanded the market. Emerging economies...

  Discover more insights

• Spirits Industry: Comprehensive Analysis on Global Market Size Trends and Analysis

  The global spirits market, encompassing a variety of alcoholic beverages including whiskey, vodka, rum, tequila and others, represents a significant sector within the worldwide economy. Current estimations place the value of this market in the hundreds of billions USD, clearly indicating its commercial significance.

  Discover more insights

• Spirits Sector: Comprehensive Analysis of Distinct Global Trends and Developments

  The international alcohol marketplace, particularly spirits, is witnessing a shift driven by a blend of economic, demographic and sociocultural factors. Increasing disposable income and a growing middle-class population worldwide are fueling the demand for high-end and premium spirits. Concurrently, health consciousness is driving the trend towards low-alcohol or alcohol-free alternatives,...

  Discover more insights

• Chemical Industry: Exploring the Astronomical Growth Prospects in the Oxo Alcohol Market

  Considerable growth is anticipated for the oxo alcohol market, with key driving factors being increased demand for plasticizers and acrylates in various industries. Given that oxo alcohol is a raw material for these products, higher demand directly correlates to an expanding oxo alcohol market. Furthermore, the rise in the production...

  Discover more insights