Over the last two observations, the price,combined is forecast to significantly increase in all segments. As part of the positive trend, the indicator reaches the maximum value for all six different segments at the end of the comparison period. Particularly noteworthy is the segment Brandy, which has the highest value of 102.06 U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition:
The Spirits market includes alcoholic beverages that have been produced through the distillation of wine, fermented fruits, or grains. Due to the distillation process, the alcohol content of spirits is much higher than that of most wines and beers, typically ranging from 20% to 50% alcohol by volume (ABV).
Structure:
The Spirits market is divided into 8 markets:
The Whisky market encompasses spirits on a grain basis that have been aged in wooden casks for a duration of at least three years.
The Vodka market encompasses spirits based on grain and/or potatoes.
The Rum market encompasses spirits based on sugar cane.
The Gin market encompasses spirits based on juniper berries.
The Brandy market encompasses spirits based on fermented fruit juice.
The Tequila market encompasses spirits made primarily from the blue agave plant (Agave tequilana) in Mexico.
The Soju market encompasses the Korean distilled beverage, Soju, which is traditionally made from rice, barley, or sweet potatoes.
The Liqueurs & Other Spirits market encompasses all other spirits not previously mentioned as well as Ready-to-Drink (RTD) cocktails.
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per liter, as well as sales channels. Per capita figures refer to a country’s or region’s whole population.
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Statista Market Insights. (June 14, 2024). Average price per unit (PPU) in the Spirits market for different segments Australia & Oceania from 2019 to 2029 [Graph]. In Statista. Retrieved November 11, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1441627/average-price-per-unit-ppu-spirits-market-for-different-segments-australia-oceania
Statista Market Insights. "Average price per unit (PPU) in the Spirits market for different segments Australia & Oceania from 2019 to 2029." Chart. June 14, 2024. Statista. Accessed November 11, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1441627/average-price-per-unit-ppu-spirits-market-for-different-segments-australia-oceania
Statista Market Insights. (2024). Average price per unit (PPU) in the Spirits market for different segments Australia & Oceania from 2019 to 2029. Statista. Statista Inc.. Accessed: November 11, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1441627/average-price-per-unit-ppu-spirits-market-for-different-segments-australia-oceania
Statista Market Insights. "Average Price per Unit (Ppu) in The Spirits Market for Different Segments Australia & Oceania from 2019 to 2029." Statista, Statista Inc., 14 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1441627/average-price-per-unit-ppu-spirits-market-for-different-segments-australia-oceania
Statista Market Insights, Average price per unit (PPU) in the Spirits market for different segments Australia & Oceania from 2019 to 2029 Statista, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1441627/average-price-per-unit-ppu-spirits-market-for-different-segments-australia-oceania (last visited November 11, 2024)
Average price per unit (PPU) in the Spirits market for different segments Australia & Oceania from 2019 to 2029 [Graph], Statista Market Insights, June 14, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1441627/average-price-per-unit-ppu-spirits-market-for-different-segments-australia-oceania