The Spirits Market Size in Portugal fluctuated significantly from 2013 to 2023. The market value decreased slightly from 2013 to 2015, followed by a minor growth in 2016. There was a notable rise in 2017 and 2018, reversing sharply in 2019 and 2020. The market saw further contraction in 2021, before recovering strongly in 2022 and continuing modest growth in 2023. In 2023, the market stood at 209.98 million Euros.
Trends to watch for in the future include:
- Potential impact of economic conditions on consumer spending.
- Influence of regulatory changes on market dynamics.
- Evolving consumer preferences and growth in premium and craft spirits segments.
How does Portugal rank in Spirits Market Size Value?
| # | 15 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 |
| 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 |
| 11 | 11 Portugal | 209,980,000 | 2023 | +2.44% | -1.5% | |
| 12 | 12 Slovakia | 197,550,000 | 2023 | +2.82% | +3.16% | View data |
| 13 | 13 Lithuania | 159,730,000 | 2023 | +0.7% | +4.64% | View data |
