In 2023, the highest wages and salaries share in European distilling, rectifying, and blending of spirits was held by the United Kingdom at 33.29 million Euros, followed by France and Germany. While Germany observed the highest year-on-year growth at 9.31%, France and Spain also showed notable increases of 2.78% and 5.18% respectively. Remarkably, Bulgaria and Lithuania saw substantial increases of 17.49% and 14.73%, whereas smaller markets like Iceland and Belgium experienced declines.
Future trends to watch include the potential for continued growth in Eastern European countries like Bulgaria and Romania, driven by their relatively lower wage base and increased international interest. Additionally, Western European countries may experience slower growth as markets mature, but there may be investment opportunities due to increasing premiumization and innovations in the spirit sector.
Top countries in Distilling, Rectifying and Blending of Spirits Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 33.29 | 2023 | +1.51% | +1.52% | View data |
| 2 | 2 France | 22.69 | 2023 | +2.79% | +2.78% | View data |
| 3 | 3 Germany | 13.16 | 2023 | +13.89% | +9.31% | View data |
| 4 | 4 Italy | 9.47 | 2023 | +1.55% | +3.55% | View data |
| 5 | 5 Spain | 6.48 | 2023 | +12.11% | +5.18% | View data |
| 6 | 6 Poland | 4.2 | 2023 | +1.69% | +1.8% | View data |
| 7 | 7 Finland | 1.46 | 2023 | -0.95% | -0.63% | View data |
| 8 | 8 Austria | 1.43 | 2023 | +3.38% | +4.46% | View data |
| 9 | 9 Bulgaria | 1.14 | 2023 | +11.93% | +17.49% | View data |
| 10 | 10 Romania | 1.04 | 2023 | +1.83% | +2.3% | View data |
