The forecast for Italy's spirits average excise duty from 2024 to 2028 indicates a gradual increase from 1.12 to 1.18 thousand euros per hectoliter. As of 2023, the actual value stood at 1.10. This represents a year-on-year increase approximately ranging from 1.79% to 1.72% over the forecasted years. The compound annual growth rate (CAGR) over the five-year period starting from 2023 is estimated at about 1.42%, reflecting a steady rise in excise duties on spirits.
Future trends to watch for include potential policy changes by the Italian government that could impact taxation rates, shifts in consumer preferences towards lower-taxed alcoholic beverages, and broader economic factors influencing pricing structures within the European economic landscape.
