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Gin, growing market, in 2022 global value at 14 billion dollars

2023-05-29T07:41:28.393Z

Highlights: In 2022, the volumes of gin imports from the United Kingdom to the Belpaese grew by 62.9% compared to the previous year. Roma Bar Show, scheduled at the Palazzo dei Congressi in Rome on 29 and 30 May, with the aim of spreading and deepening the "culture rooted in Scotland in the production of gin and whiskey" The data on the alcoholic beverage obtained by distillation of a fermented usually obtained from cereals or potatoes in which a mixture of various botanicals is macerated.


Roma Bar Show, scheduled at the Palazzo dei Congressi in Rome on 29 and 30 May (ANSA)


A growing trend for the gin market, which in 2022 recorded a global value of 14 billion dollars and which, according to Market Data Forecast, is destined to reach 19.17 billion in 2028 with a percentage increase of 5.9%. The data on the alcoholic beverage obtained by distillation of a fermented usually obtained from cereals or potatoes in which a mixture of various botanicals is macerated, is released by Scottish Development International (Scottish government agency for trade promotion between Scotland and foreign markets) on the occasion of two masterclasses with guided tastings as part of Roma Bar Show, scheduled at the Palazzo dei Congressi in Rome on 29 and 30 May, with the aim of spreading and deepening the "culture rooted in Scotland in the production of gin and whiskey".

The Scottish agency reports that gin, in particular Scottish gin, in Italy, is gaining increasing popularity: in 2022, the volumes of gin imports from the United Kingdom to the Belpaese grew by 62.9% compared to the previous year, for an estimated value of more than 112 million euros, a figure doubled compared to 2021 when it recorded just over 55 million euros. Positive performance also for the whisky market with the European Union being the second reference market for Scotch whisky: in 2022 exports to the EU amounted to 1.6 billion pounds, according to data released by the Scotch Whisky Association. With reference to Italy, in the same year, the value of imports from the United Kingdom amounted to 88 million euros, with an increase of 66.5% compared to 2021. (ANSA).



Source: ansa

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