In 2023, the European distilling, rectifying, and blending of spirits market showed considerable variation among countries. The United Kingdom led the market with a turnover of 9.49 billion euros, reflecting a 2.56% increase year-on-year. France experienced a decline of 1.98% to reach a turnover of 4.38 billion euros. Poland, Italy, and Germany had turnovers of 3.23 billion euros, 2.85 billion euros, and 2.63 billion euros respectively, with Poland seeing the highest growth at 2.85%. Smaller markets such as Slovenia and Iceland saw the most significant growth rates with 22.33% and 7.1% respectively, despite their smaller overall sizes.
Key trends and data from 2023:
- Positive growth: United Kingdom, Poland, Bulgaria, Austria, Romania, Greece, Serbia, Portugal, Lithuania, Denmark, Bosnia and Herzegovina, Cyprus, Iceland, Slovenia.
- Negative or minimal growth: France, Germany, Finland, Hungary, Slovakia, Belgium, Estonia, Luxembourg.
- Largest markets: UK, France, Poland, Italy, Germany.
- Strongest growers: Slovenia, Iceland, Serbia, Austria, Romania.
Future trends to watch for in the European distilling, rectifying, and blending of spirits market include potential shifts in consumer preferences towards premium and craft spirits, the impact of regulatory changes on production and distribution, and the growing influence of sustainability and eco-friendly practices in production. Additionally, technological advancements and innovation within the industry are likely to play a significant role in shaping future market dynamics.
Top countries in Distilling, Rectifying and Blending of Spirits Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 9,490 | 2023 | +2.6% | +2.56% | View data |
| 2 | 2 France | 4,380 | 2023 | -0.38% | -1.98% | View data |
| 3 | 3 Poland | 3,230 | 2023 | +1.88% | +2.85% | View data |
| 4 | 4 Italy | 2,850 | 2023 | +3.16% | +0.83% | View data |
| 5 | 5 Germany | 2,630 | 2023 | +1.84% | -1.89% | View data |
| 6 | 6 Spain | 1,170 | 2023 | +9.5% | +0.72% | View data |
| 7 | 7 Finland | 266.5 | 2023 | -0.26% | -0.23% | View data |
| 8 | 8 Bulgaria | 254 | 2023 | +3.63% | +2.77% | View data |
| 9 | 9 Austria | 244.6 | 2023 | +3.25% | +3.13% | View data |
| 10 | 10 Hungary | 221.9 | 2023 | -0.31% | -5.4% | View data |
