In 2023, the sold production of whisky in Germany was 15.543 million Euros. The forecasted data shows a declining trend from 2024 to 2028. The year-on-year decrease suggests a reduction in market demand or potential competition within the sector. Specifically, from 2024 to 2028, the whisky production value is expected to decline at a cumulative average growth rate (CAGR) of -4.60% annually.
Future trends to watch for include:
- Shifts in consumer preferences potentially impacting traditional whisky sales.
- Emerging competition from new market entrants or alternative spirits.
- Economic factors influencing consumer spending power in Germany.
- Regulatory changes affecting production and sales of alcoholic beverages.
