Key Market Indicators
Austrian Spirits Sales are projected to reach €283 million by 2028, up from €245 million in 2023, marking a steady annual growth rate of 2.3% CAGR. Since 2013, the Austrian market has grown by an average of 3.1% per year. In the 2023 rankings, Austria placed ninth, as Bulgaria surpassed it with €245 million. France, Poland, and Italy held the second, third, and fourth positions, respectively. Austrian Spirits Production is expected to hit €285 million by 2028, rising from €246 million in 2023, with an average annual growth of 2.4%. Since 2013, Austria's production supply has increased by 3.6% annually. In 2023, Austria ranked ninth, overtaken by Bulgaria at €246 million. France, Italy, and Poland occupied the second, third, and fourth spots in the production ranking. Spirits Consumption in Austria is anticipated to decrease to €220 million by 2028 from €223 million in 2023, reflecting an annual decline rate of 0.3%. Since 2013, demand has dropped by an average of 1.2% per year. Italy, Spain, and Germany were the second, third, and fourth largest consumers, respectively.
