The European spirits market in 2023 shows Poland leading with a market size of 1.9309 billion euros, followed by Italy and Spain. While Poland experienced a significant 6.47% growth, Spain marginally decreased by 0.75%. Germany, despite its significant market presence, showed a slight decline. Central European countries such as the Czech Republic and Hungary displayed moderate growth. In contrast, traditional Western markets like Portugal faced contractions. Lithuania saw notable growth at 4.64%, reflecting increasing regional interest.
Future trends to watch include recovering markets in Spain and Germany, continued growth in Eastern Europe, and potential influences of regulatory changes and shifting consumer preferences across the EU.
Top countries in Spirits Market Size Value by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 1,930,900,000 | 2023 | +3.99% | +6.47% | View data |
| 2 | 2 Italy | 1,680,900,000 | 2023 | -0.88% | +3.38% | View data |
| 3 | 3 Spain | 1,680,400,000 | 2023 | -0.65% | -0.75% | View data |
| 4 | 4 Germany | 838,740,000 | 2023 | +0.88% | -0.15% | View data |
| 5 | 5 Czech Republic | 403,960,000 | 2023 | +3.78% | +2.72% | View data |
| 6 | 6 Romania | 339,320,000 | 2023 | +2.23% | -0.24% | View data |
| 7 | 7 Bulgaria | 289,690,000 | 2023 | +1.97% | +2.9% | View data |
| 8 | 8 Finland | 276,310,000 | 2023 | +2.45% | +3.62% | View data |
| 9 | 9 Hungary | 262,690,000 | 2023 | +1.81% | +2.62% | View data |
| 10 | 10 Austria | 222,990,000 | 2023 | +2.41% | -1.15% | View data |
