Ongoing policy changes on alcohol consumption in the country determined an increase in excise for strong spirits in 2019. The tax was raised by 10.1% and this subsequently inflated the retail price and again adversely affected consumption. While the new policy changes are orientated toward preventing alcoholism, regular drinkers of economy-class spirits are searching for lower prices in the illicit trade market. This shift is reflected in the surging number of reported black-market retail spaces...
Euromonitor International’s Spirits in Lithuania report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2015-2019), 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 2024 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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