Czech Republic - Spirits, Liqueurs And Other Spirituous Beverages - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpirits and Liqueurs Price in the Czech Republic - 2023
Contents:
- Spirits and Liqueurs Price in the Czech Republic (CIF) - 2023
- Spirits and Liqueurs Price in the Czech Republic (FOB) - 2023
- Spirits and Liqueurs Imports in the Czech Republic
- Spirits and Liqueurs Exports in the Czech Republic
Spirits and Liqueurs Price in the Czech Republic (CIF) - 2023
The average spirits and liqueurs import price stood at $6.4 per litre in July 2023, picking up by 15% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.2%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 25% m-o-m. Over the period under review, average import prices reached the maximum in July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Venezuela ($19.8 per litre), while the price for Finland ($1.7 per litre) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Spirits and Liqueurs Price in the Czech Republic (FOB) - 2023
In July 2023, the average spirits and liqueurs export price amounted to $4.9 per litre, rising by 14% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.8%. The growth pace was the most rapid in April 2023 an increase of 16% against the previous month. The export price peaked in July 2023.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Germany ($6.7 per litre), while the average price for exports to the Netherlands ($2.0 per litre) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Spirits and Liqueurs Imports in the Czech Republic
In 2022, approx. 49M litres of spirits, liqueurs and other spirituous beverages were imported into the Czech Republic; increasing by 14% compared with the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 35%. Over the period under review, imports hit record highs at 50M litres in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, spirits and liqueurs imports rose notably to $255M in 2022. In general, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Spirits and Liqueurs in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 33.5 | 32.8 | 35.7 | 36.3 | 2.7% |
| Netherlands | 11.5 | 24.0 | 35.2 | 31.5 | 39.9% |
| United Kingdom | 34.1 | 13.5 | 21.0 | 30.2 | -4.0% |
| Ireland | 27.6 | 13.3 | 18.6 | 22.6 | -6.4% |
| Italy | 12.6 | 7.5 | 12.1 | 21.3 | 19.1% |
| France | 15.1 | 9.4 | 14.7 | 18.5 | 7.0% |
| Slovakia | 11.4 | 7.7 | 13.2 | 16.0 | 12.0% |
| Spain | 6.9 | 10.1 | 12.7 | 14.2 | 27.2% |
| Greece | 10.1 | 6.2 | 7.4 | 9.2 | -3.1% |
| Belgium | 0.7 | 5.0 | 6.9 | 7.6 | 121.4% |
| Austria | 1.5 | 8.3 | 11.2 | 6.3 | 61.3% |
| Finland | 5.0 | 3.2 | 3.9 | 4.5 | -3.5% |
| Poland | 1.4 | 1.6 | 1.9 | 2.8 | 26.0% |
| Others | 53.7 | 20.3 | 28.8 | 33.7 | -14.4% |
| Total | 225 | 163 | 223 | 255 | 4.3% |
Top Suppliers of Spirits and Liqueurs to the Czech Republic in 2022:
- Slovakia (9.3M litres)
- Germany (6.6M litres)
- United Kingdom (4.3M litres)
- Spain (4.2M litres)
- Netherlands (3.9M litres)
- Italy (3.5M litres)
- Ireland (3.5M litres)
- Finland (2.2M litres)
- France (1.8M litres)
- Greece (1.5M litres)
- Belgium (1.4M litres)
- Poland (1.1M litres)
- Austria (0.9M litres)
Spirits and Liqueurs Exports in the Czech Republic
Spirits and liqueurs exports from the Czech Republic expanded sharply to 30M litres in 2022, growing by 12% against 2021. The total export volume increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, spirits and liqueurs exports expanded rapidly to $102M in 2022. The total export value increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Spirits and Liqueurs in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 38.5 | 30.1 | 38.3 | 48.8 | 8.2% |
| Italy | 11.9 | 7.7 | 7.3 | 7.7 | -13.5% |
| Netherlands | 2.5 | 2.3 | 4.3 | 6.9 | 40.3% |
| Germany | 6.5 | 6.5 | 7.9 | 6.1 | -2.1% |
| Poland | 3.4 | 3.2 | 6.4 | 5.0 | 13.7% |
| Austria | 2.4 | 3.0 | 3.5 | 2.7 | 4.0% |
| Latvia | 4.2 | 4.3 | 2.9 | 2.4 | -17.0% |
| Hungary | 0.6 | 0.6 | 1.7 | 1.9 | 46.8% |
| Romania | 1.5 | 0.7 | 3.1 | 1.7 | 4.3% |
| Russia | 0.1 | 0.1 | 0.1 | 1.7 | 157.1% |
| Ukraine | 1.7 | 1.8 | 1.8 | 0.9 | -19.1% |
| Estonia | 1.6 | 1.8 | 2.4 | 0.3 | -42.8% |
| Others | 10.9 | 11.0 | 14.2 | 16.3 | 14.4% |
| Total | 85.7 | 72.9 | 93.9 | 102 | 6.0% |
Top Export Markets for Spirits and Liqueurs from the Czech Republic in 2022:
- Slovakia (14.5M litres)
- Italy (3.2M litres)
- Germany (1.7M litres)
- Netherlands (1.6M litres)
- Poland (1.1M litres)
- Latvia (0.9M litres)
- Austria (0.7M litres)
- Hungary (0.6M litres)
- Romania (0.5M litres)
- Russia (0.5M litres)
- Ukraine (0.2M litres)
- Estonia (0.1M litres)
This report provides an in-depth analysis of the spirits and liqueurs market in the Czech Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11011020 - Spirits obtained from distilled grape wine or grape marc (important: excluding alcohol duty)
- Prodcom 11011030 - Whisky (important: excluding alcohol duty)
- Prodcom 11011040 - Rum and other spirits obtained by distilling fermented sugarcane products (important: excluding alcohol duty)
- Prodcom 11011050 - Gin and geneva (important: excluding alcohol duty)
- Prodcom 11011063 - Vodka of an alcoholic strength by volume of . .45,4 % (important: excluding alcohol duty)
- Prodcom 11011065 - Spirits distilled from fruit (excluding liqueurs, gin, geneva, g rape wine or grape marc (important: excluding alcohol duty))
- Prodcom 11011070 - Pure alcohols (important: excluding alcohol duty)
- Prodcom 11011080 - Spirits, liqueurs and other spirituous beverages (excluding spirits distilled from grape wine, grape marc or fruit/whisky, r um, tafia, gin and geneva, spirits distilled from fruit)
Country coverage:
- Czech Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Czech Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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