Whisky Market Size Value in Finland

The Whisky market size value in Finland has shown mixed trends over the years. From 2012 to 2017, the market generally experienced moderate growth, peaking in 2017 with a notable year-on-year increase of 5.99%. However, the market faced significant volatility afterward, particularly between 2018 and 2022. In 2018, there was a steep decline of 10.96%, followed by fluctuating growth rates. The market recorded the lowest value in 2021 at 28.225 million Euros, influenced by a consistent decline over the previous few years. It rebounded slightly in 2022 with a 4.4% increase. Overall, the compound annual growth rate (CAGR) over the last five years has been negative, indicating a contraction in the market.

In 2023, the market stood at an estimated value influenced by these oscillating trends, but exact data from 2023 is not provided in the analysis.

Future trends to watch for:

  • Changes in consumer preferences, possibly shifting towards premium and craft whisky brands.
  • Impact of economic factors like inflation and disposable income on consumer spending in the whisky segment.
  • Potential increase in demand driven by marketing campaigns and whisky tourism.
  • Effect of policy regulations related to alcohol distribution and sales.

How does Finland rank in Whisky Market Size Value?

# 15 Countries Euros Last Year YoY 5-years CAGR
1 1 France 681,040,000 2023 -0.72% -1.41% View data
2 2 Spain 623,550,000 2023 +0.55% +0.69% View data
3 3 Poland 419,290,000 2023 +8.39% +10.52% View data
4 4 Germany 319,710,000 2023 +1.73% +0.41% View data
5 5 Bulgaria 119,980,000 2023 +3.21% +3.72% View data
11 11 Portugal 42,299,000 2023 +0.15% -4.23% View data
12 12 Austria 37,827,000 2023 +4.79% +0.63% View data
13 13 Finland 32,369,000 2023 +2.95% +1.36%
14 14 Hungary 31,285,000 2023 +3.09% +0.55% View data
15 15 Denmark 22,496,000 2023 -0.33% +0.2% View data

Top Countries about Whisky