The European spirits market exhibits variation by country, with Poland leading at €22.03 billion in 2024. Italy and Spain follow closely, contributing €19.18 billion and €19.17 billion, respectively. Germany, though traditionally strong, has a slightly declining market size at €9.57 billion. In 2023, key year-on-year growth was seen in Poland (6.47%) and Lithuania (4.64%), while Spain and Romania saw minor declines. A consistent 5-year CAGR indicates modest growth across most countries, highlighting resilience amid economic fluctuations.
Future trends to watch include the premiumization of spirits driving value growth and potential impacts from changing consumer preferences and regulations on alcohol consumption across European countries.
Top countries in Spirits Market Size Value Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 22.03 | 2023 | +3.99% | +6.47% | View data |
| 2 | 2 Italy | 19.18 | 2023 | -0.88% | +3.38% | View data |
| 3 | 3 Spain | 19.17 | 2023 | -0.65% | -0.75% | View data |
| 4 | 4 Germany | 9.57 | 2023 | +0.88% | -0.15% | View data |
| 5 | 5 Czech Republic | 4.61 | 2023 | +3.78% | +2.72% | View data |
| 6 | 6 Romania | 3.87 | 2023 | +2.23% | -0.24% | View data |
| 7 | 7 Bulgaria | 3.3 | 2023 | +1.97% | +2.9% | View data |
| 8 | 8 Finland | 3.15 | 2023 | +2.45% | +3.62% | View data |
| 9 | 9 Hungary | 3 | 2023 | +1.81% | +2.62% | View data |
| 10 | 10 Austria | 2.54 | 2023 | +2.41% | -1.15% | View data |
