Analysis of the whisky market size value per capita in Belgium from 2012 to 2022 reveals a fluctuating pattern. The market saw growth from 2012 (5.19 Euros) to a peak in 2014 (5.74 Euros), followed by a decline from 2015 onwards, reaching its lowest point in 2020 (3.39 Euros). However, there was a slight recovery in 2021 (3.76 Euros) and 2022 (3.84 Euros). The year-on-year variations show a significant drop from 2019 to 2020 (approximately -19.7%), followed by a moderate increase in the subsequent two years (approximately +7.4% and +2.1% respectively). The last five-year CAGR indicates an average annual decline of approximately -4.9%.
The market is projected to stabilize in the near future, with potential growth driven by niche markets such as premium and craft whiskies. Increasing interest in high-quality spirits and changing consumption patterns will be key trends to watch for in the Belgian whisky market.
| # | 15 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 16.57 | 2023 | View data | ||
| 2 | 2 Spain | 13.32 | 2023 | View data | ||
| 3 | 3 Poland | 11.25 | 2023 | View data | ||
| 4 | 4 France | 9.83 | 2023 | View data | ||
| 5 | 5 Sweden | 8.44 | 2023 | View data | ||
| 11 | 11 Germany | 3.83 | 2023 | View data | ||
| 12 | 12 Denmark | 3.81 | 2023 | View data | ||
| 13 | 13 Belgium | 3.72 | 2023 | |||
| 14 | 14 Hungary | 3.16 | 2023 | View data | ||
| 15 | 15 Italy | 0.89 | 2023 | View data | ||
