Key Market Indicators
Estonian spirits sales are projected to reach approximately €76 million by 2028, up from around €74 million in 2023. This represents an average annual growth rate of 0.3%. Since 2013, the Estonian market has seen a consistent year-on-year increase of 0.7%. In 2023, Estonia ranked 18th globally, with Lithuania surpassing it at roughly €74 million. France, Poland, and Italy held the second, third, and fourth positions, respectively. On the production side, Estonian spirits are expected to decrease to about €33 million by 2028, down from nearly €37 million in 2023. This marks a compound annual growth rate (CAGR) decline of 1.5%. Since 2013, Estonia's supply has diminished by 1.1% annually. In 2023, Estonia was ranked 19th, with Denmark overtaking it at approximately €37 million. France, Italy, and Poland secured the second, third, and fourth spots in the production rankings.
