Spirits exports from Europe have generated €10.2bn in 2012, up 20%, compared to €8.5bn in 2011 making it the top agri-food exported product with net revenue close to €9bn in 2012, according to spiritsEUROPE, a representative body for the European spirits industry.
Key exports markets for the industry in 2012 were Russia, Canada and the US with exports increasing by 37%, 31% and 22% from 2011 figures, respectively.
Exports from emerging markets such as China, South East Asia and India also grew substantially and are expected to grow further after the implementation of free-trade agreement (FTA).
Among different spirits, whiskies accounted for 44% of total spirits exported, followed by cognac with 26%.
spiritsEUROPE director general Paul Skehan said the results show the competitiveness of the sector in different markets around the world.
"At a time when many domestic European markets are struggling, we underline the importance of these thriving export markets to our sector," Skehan added.
"These exports generate jobs and investment in Europe at a time when both are badly needed.
"And, they generate close to €9 billion net for the European economy, as imports of spirits to the EU remain steady."
Key exports markets for the industry in 2012 were Russia, Canada and the US with exports increasing by 37%, 31% and 22% from 2011 figures, respectively.
Exports from emerging markets such as China, South East Asia and India also grew substantially and are expected to grow further after the implementation of free-trade agreement (FTA).
Among different spirits, whiskies accounted for 44% of total spirits exported, followed by cognac with 26%.
spiritsEUROPE director general Paul Skehan said the results show the competitiveness of the sector in different markets around the world.
"At a time when many domestic European markets are struggling, we underline the importance of these thriving export markets to our sector," Skehan added.
"These exports generate jobs and investment in Europe at a time when both are badly needed.
"And, they generate close to €9 billion net for the European economy, as imports of spirits to the EU remain steady."
