In 2023, Italy led the European distilling, rectifying, and blending of spirits production index, followed closely by Spain. While Italy and Spain showed strong growth in 2024, achieving values of 21.46 and 20.57 respectively, Germany, France, and Greece trailed with lower values, indicating moderate growth and some decline. In 2022, Italy and Spain increased significantly, while Germany and France showed minimal growth. Greece experienced a slight decline. Over the past five years, the compound annual growth rate indicates varying performance among countries, with Italy and Spain showing strong upward trends.
Future trends to watch include the impact of emerging markets and technological advancements in production processes. The shift towards sustainable practices and changes in consumer preferences for premium products will likely influence market dynamics. Tracking regulation changes in the sector is crucial as they could affect production costs and pricing strategies across Europe.
Top countries in Distilling, Rectifying and Blending of Spirits Production Index by Country
| # | 5 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 214.6 | 2022 | +14.76% | +12.31% | View data |
| 2 | 2 Spain | 205.7 | 2022 | +20.86% | +15.59% | View data |
| 3 | 3 Germany | 118.5 | 2022 | +5.9% | +3.94% | View data |
| 4 | 4 France | 116.8 | 2022 | -0.68% | +1.94% | View data |
| 5 | 5 Greece | 109.6 | 2022 | -1.97% | -0.25% | View data |
