Key Market Indicators
Luxembourger demand for alcoholic drinks is set to rise by 0.5% year on year on average until 2026. In 2021, the country came in 87th place, with an estimated 7.6 thousand metric tons consumed. This is less than in 2017, when the country saw a 1.7% decrease in demand year on year. Jamaica overtook Luxembourger demand in 2021, coming in at 7.6 thousand metric tons. India, Japan, and Russia respectively ranked 2nd, 3rd, and 4th in this ranking. The export of alcoholic drinks from Luxembourg is also set to grow, with a 1.9% year on year CAGR (Compound Annual Growth Rate) predicted until 2026. This is an increase since 2004, when supply rose 5% year on year.