In 2023, Italy leads the European distilling, rectifying, and blending of spirits production with an index value of 21.59, followed closely by Spain at 20.57. Both countries experienced significant growth in 2022, with Italy's value increasing by 12.17% and Spain's by 15.59%. Germany and France show moderate production levels, recording values of 11.75 and 11.67, respectively, with slight increases compared to 2022. Greece's production index stands at 10.96, slightly decreasing by 0.2% from 2022.
Future trends to watch include:
- Increased innovation and premiumization in spirit production.
- Potential market expansion driven by consumer demand for craft and artisanal spirits.
- Impact of regulatory changes and environmental considerations on production practices.
Top countries in Distilling, Rectifying and Blending of Spirits Production Index by Country
| # | 5 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 215.9 | 2022 | +15.39% | +12.17% | View data |
| 2 | 2 Spain | 205.7 | 2022 | +20.93% | +15.59% | View data |
| 3 | 3 Germany | 117.5 | 2022 | +6.24% | +3.65% | View data |
| 4 | 4 France | 116.7 | 2022 | -0.51% | +1.77% | View data |
| 5 | 5 Greece | 109.6 | 2022 | -1.88% | -0.2% | View data |