Forecast: Distilling, Rectifying and Blending of Spirits Production Value in Germany

From 2013 to 2023, the production value of distilling, rectifying, and blending of spirits in Germany shows a fluctuating trend with an overall slight decline. Starting at 2.65 billion euros in 2013, it rose to a peak of 3.25 billion euros in 2014 but subsequently experienced significant volatility. The production value in 2023 stands at 2.55 billion euros. There is a noticeable decline from 2020 to 2021, followed by modest recovery and minor fluctuations until 2023. The CAGR over the last 5 years indicates an average annual slight decrease (-0.75%).

Future trends:

  • Watch for continuation of slight declines as forecasted until 2028, with annual declines averaging -0.85% CAGR.
  • Potential market stabilization or further market consolidation driven by industry innovation and shifts in consumer preferences.