The Brandy and Cognac market in Germany showed a decline in value per capita from 2013 to 2023, decreasing from 3.19 Euros to 2.12 Euros. Year-on-year, the most recent variations from 2022 to 2023 indicate a 3.20% decline. Over the last five years, the Compound Annual Growth Rate (CAGR) reflects an average annual decrease of approximately 2.67%. This suggests a continuing downward trend in consumer spending on these spirits in Germany.
Future trends to watch for include:
- Changing consumer preferences towards other alcoholic beverages
- Potential market recovery driven by premiumization and innovation in product offerings
- Impact of sustainability and localization on consumer behavior and market dynamics
How does Germany rank in Brandy and Cognac Market Size Value Per Capita?
| # | 12 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 9.95 | 2023 | View data | ||
| 2 | 2 Bulgaria | 8.96 | 2023 | View data | ||
| 3 | 3 Portugal | 6.43 | 2023 | View data | ||
| 4 | 4 Finland | 4.95 | 2023 | View data | ||
| 5 | 5 Greece | 3.29 | 2023 | View data | ||
| 6 | 6 Germany | 2.12 | 2023 | |||
| 7 | 7 United Kingdom | 1.94 | 2023 | View data | ||
| 8 | 8 Croatia | 1.67 | 2023 | View data | ||
