Scandinavia: Grape Wine Spirits Market 2024

Grape Wine Spirits Market Size in Scandinavia

The Scandinavia grape wine spirits market dropped to $X in 2022, which is down by X% against the previous year. Overall, consumption saw a deep slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Grape Wine Spirits Production in Scandinavia

In value terms, grape wine spirits production reduced to $X in 2022 estimated in export price. Overall, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Grape Wine Spirits Exports

Exports in Scandinavia

In 2022, shipments abroad of spirits obtained from distilled grape wine or grape marc increased by X% to X litres, rising for the second year in a row after six years of decline. Over the period under review, exports, however, recorded a abrupt slump. Over the period under review, the exports reached the peak figure at X litres in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, grape wine spirits exports skyrocketed to $X in 2022. Overall, exports, however, faced a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Finland was the largest exporting country with an export of about X litres, which recorded X% of total exports. Norway (X litres) held the second position in the ranking, distantly followed by Sweden (X litres). All these countries together held near X% share of total exports.

Finland experienced a relatively flat trend pattern with regard to volume of exports of spirits obtained from distilled grape wine or grape marc. Norway (X%) and Sweden (X%) illustrated a downward trend over the same period. Finland (X p.p.) significantly strengthened its position in terms of the total exports, while Sweden and Norway saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Finland ($X) remains the largest grape wine spirits supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Norway ($X), with a X% share of total exports.

In Finland, grape wine spirits exports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (X% per year) and Sweden (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per litre in 2022, which is down by X% against the previous year. Overall, the export price showed a pronounced setback. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per litre in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per litre), while Norway ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced a decline in the export price figures.

Grape Wine Spirits Imports

Imports in Scandinavia

In 2022, the amount of spirits obtained from distilled grape wine or grape marc imported in Scandinavia expanded rapidly to X litres, growing by X% on 2021. In general, imports, however, saw a pronounced reduction. The volume of import peaked at X litres in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, grape wine spirits imports fell slightly to $X in 2022. Overall, imports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Finland was the key importing country with an import of about X litres, which accounted for X% of total imports. Norway (X litres) ranks second in terms of the total imports with a X% share, followed by Sweden (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sweden (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Finland ($X), Norway ($X) and Sweden ($X) were the countries with the highest levels of imports in 2022.

In terms of the main importing countries, Finland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per litre, dropping by X% against the previous year. Overall, the import price saw a perceptible decline. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per litre. From 2014 to 2022, the import prices remained 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 Norway ($X per litre), while Sweden ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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