The European market for denatured ethyl alcohol and other denatured spirits by volume in 2023 is led by Spain, Hungary, and France, with Spain holding the largest share. Year-on-year growth in 2023 was most notable in Denmark and Portugal, while significant declines were observed in Romania and Estonia. Italy exhibited notable growth of nearly 33% in the same year. The five-year Compound Annual Growth Rate (CAGR) shows the region experiencing steady increases, with certain countries like Denmark and Portugal driving more pronounced volatility.
Future trends to watch in the European market include potential regulatory changes and sustainability initiatives, which could spur innovation in production and growth in countries with robust industrial capabilities. Observing shifts in regional demand and trade policies will also be crucial in forecasting longer-term production outcomes.
Top countries in Sold Production of Denatured Ethyl Alcohol and Other Denatured Spirits of Any Strength Share by Country (Liters)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 29.65 | 2023 | +3.28% | +5.73% | View data |
| 2 | 2 Hungary | 21.71 | 2023 | +5.04% | +11.91% | View data |
| 3 | 3 France | 15.92 | 2023 | +2.24% | +1.72% | View data |
| 4 | 4 Czechia | 12.87 | 2023 | |||
| 5 | 5 Poland | 6.92 | 2023 | +1.73% | +3.54% | View data |
| 6 | 6 Bulgaria | 4.66 | 2023 | +0.63% | +2.69% | View data |
| 7 | 7 Lithuania | 2.98 | 2023 | +3.02% | +3.45% | View data |
| 8 | 8 Italy | 2.57 | 2023 | +5.46% | +32.74% | View data |
| 9 | 9 Sweden | 2.02 | 2023 | -1.71% | +3.72% | View data |
| 10 | 10 Portugal | 1.11 | 2023 | +20.54% | +45.12% | View data |
