Eastern Europe: Grape Wine Spirits Market 2024

Grape Wine Spirits Market Size in Eastern Europe

The East European grape wine spirits market dropped to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, showed a mild descent. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Grape Wine Spirits Production in Eastern Europe

In value terms, grape wine spirits production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Grape Wine Spirits Exports

Exports in Eastern Europe

Grape wine spirits exports expanded to X litres in 2022, growing by X% against 2021 figures. Over the period under review, exports, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports attained the peak of X litres. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, grape wine spirits exports contracted significantly to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Moldova was the main exporter of spirits obtained from distilled grape wine or grape marc in Eastern Europe, with the volume of exports recording X litres, which was near X% of total exports in 2022. Latvia (X litres) ranks second in terms of the total exports with a X% share, followed by Lithuania (X%), Ukraine (X%) and the Czech Republic (X%). The following exporters - Slovakia (X litres) and Bulgaria (X litres) - each amounted to a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to grape wine spirits exports from Moldova stood at X%. At the same time, Slovakia (X%), Lithuania (X%) and Latvia (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, the Czech Republic (X%), Bulgaria (X%) and Ukraine (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Latvia, Lithuania, Slovakia and Moldova increased by X, X, X and X percentage points, respectively.

In value terms, Latvia ($X) remains the largest grape wine spirits supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports. It was followed by Moldova, with an X% share.

In Latvia, grape wine spirits exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Lithuania (X% per year) and Moldova (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per litre, reducing by X% against the previous year. Export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grape wine spirits export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per litre in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per litre), while Moldova ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced more modest paces of growth.

Grape Wine Spirits Imports

Imports in Eastern Europe

In 2022, the amount of spirits obtained from distilled grape wine or grape marc imported in Eastern Europe reduced modestly to X litres, remaining relatively unchanged against the year before. Total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2016 with an increase of X%. The volume of import peaked at X litres in 2021, and then reduced modestly in the following year.

In value terms, grape wine spirits imports contracted to $X in 2022. Total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

Russia represented the key importing country with an import of about X litres, which amounted to X% of total imports. Ukraine (X litres) took the second position in the ranking, distantly followed by Belarus (X litres). All these countries together held approx. X% share of total imports. The following importers - Latvia (X litres) and Lithuania (X litres) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to grape wine spirits imports into Russia stood at X%. At the same time, Belarus (X%) and Latvia (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Ukraine experienced a relatively flat trend pattern. By contrast, Lithuania (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and Belarus increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported spirits obtained from distilled grape wine or grape marc in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Latvia ($X), with an X% share of total imports. It was followed by Ukraine, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%. In the other countries, the average annual rates were as follows: Latvia (X% per year) and Ukraine (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per litre in 2022, waning by X% against the previous year. In general, the import price showed a mild decline. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per litre in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Latvia ($X per litre), while Ukraine ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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