Food & Drink

Whisky leads EU spirits sector in value and volume

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A brand new report has revealed the manufacturing volumes and turnovers for the European spirits sector, with whisky main the way in which.

Luxury whisky
Whisky accounted for practically a 3rd of the EU-plus area’s spirits turnover in 2019

Earlier this week, commerce physique Spirits Europe unveiled The financial and ecological footprint of the spirits sector within the EU, the UK, Norway and Switzerland, a brand new report analysing the influence of the business within the EU-plus area.

Primarily based on figures from 2019, the analysis discovered that Scotch and different whiskies accounted for 31% of all spirits volumes produced in EU-plus international locations, with 8.75 million hectolitres of Scotch made and 1.29m hectolitres of different whiskies.

The joint class delivered practically a 3rd of the area’s whole manufacturing turnover, at 29%; Scotch whisky introduced in €6.58 billion (US$7.43bn), and different whiskies delivered €1.1bn (US$1.24bn).

Vodka was the second-biggest class when it comes to quantity, with 8.25 million hectolitres and 25% of manufacturing, and accounted for 20% of turnover, with €5.3bn (US$5.99bn).

Flavoured and nationwide spirits, together with liqueurs and speciality spirits similar to aquavit, posted 24% of volumes, with 7.61m hectolitres produced, and made up 1 / 4 of the sector’s turnover, with €6.7bn (US$7.57bn).

Brandies aside from Cognac accounted for 8% of volumes, with 2.58m hectolitres, and seven% of turnover, with €1.84bn (US$2.08bn).

The sector produced 1.48m hectolitres of Cognac which garnered €3.13bn in turnover – the truth that it was produced in ‘comparatively small’ portions however bought for greater costs signifies the class’s premiumisation.

Gin registered 5% of volumes (1.59m hectolitres) and 5% of turnover (€1.42bn).

Rum rounded out the rankings, with 1% of quantity manufacturing (0.46m hectolitres) and 1% of worth (€0.29bn).

Spirits Europe just lately elected MG Destilerías chief govt Manú Giró as its new president.

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