Spirits in Hungary
Demand for spirits in Hungary is being negatively affected not only by weak consumer spending power but also by increasing taxes. After the excise tax on alcohol was raised in Hungary during 2012, rising by 5% for high-quality spirits such as vodka and pálinka, further tax increases were introduced during 2013 and this raised the excise tax on spirits by a further 15%. The average unit price of spirits rose significantly as a result, especially for brands in the economy segment, which was the...
Euromonitor International's Spirits in Hungary report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2009-2013), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2018 illustrate how the market is set to change.
Product coverage: Brandy and Cognac, Liqueurs, Other Spirits, Rum, Tequila (and Mezcal), Whiskies, White Spirits.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Spirits market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market’s major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
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