GLOBAL: European spirits exports hit record high in 2012 - figures
Whisky was the most popular category for exports outside the EU in 2012
Sales of European spirits outside the European Union hit a record EUR10.2bn (US$13.3bn) in 2012, with growth being driven by whisk(e)y, new figures reveal.
Exports to Russia saw the biggest growth last year, as sales rose by 37% to EUR749m for EU producers, trade body Spirits Europe said today (9 April). The US remained the largest market, with sales in 2012 up by 22% to EUR3.3bn.
Singapore is the second biggest importer of European spirits, where sales rose by 23% to EUR1.05bn for EU producers last year.
Growth in Asia's emerging markets was driven by China, where EU spirits sales hit EUR587m in 2012, up 19%. Exports to India remained “stagnant” the group noted, despite “great potential”. Malaysia and the Philippines saw sharp rises in imports.
Whisk(e)y was the strongest performing category for producers, representing 44% of sales outside Europe.
Cognac accounted for 26% of sales in 2012, followed by vodka and liqueurs.
Paul Skehan, Spirits Europe's director general said the results flagged the “competitiveness of the sector in some very difficult markets around the world”. He added: “At a time when many domestic European markets are struggling, we underline the importance of these thriving export markets to our sector.”
The group said it supports an “offensive” EU trade policy, to ensure fair access of spirits products to all “significant third markets”.
Earlier this month, the Scotch Whisky Association reported that global export volumes of Scotch fell by 5% in 2012, but sales by value were slightly up.
The results of a consultation document regarding veryfing the geographical origin and production and aging processes for Scotch whisky will be published in the coming weeks. But, asks, Ian Buxton, is ...
Earlier today (4 September), the Scotch Whisky Association released details on Scotch exports in the six months to the end of June. Here, courtesy of the trade body, is a table of the 20 largest marke...
Diageo and Pernod Ricard have teamed up with other Scotch whisky makers to start twice-weekly shipments from Speyside by train....
- Whatever happened to binge Britain? - comment
- How to turn a domestic spirit into a global brand
- The dangers of squaring up to your competitor
- The US beer market - A level playing field for all
- Remy Cointreau's Q2 and H1 - preview
- Sidney Frank CEO to head Clooney's import co
- Diageo sells off United Spirits' Bouvet Ladubay
- Captain Morgan distillation trial queried by USVI
- Irish whiskey brands could fail without bulk
- Sazerac sues Brown-Forman over Tennessee Fire
- Global Beer Trends 2015 : Global Beer Trends and Long-term Forecasts
- Global sparkling wine insights - market forecasts, product innovation and consumer trends research
- Future growth opportunities for global spirits
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research
- Global Wine Market to 2019 - Market Size, Development, and Forecasts