Exports of Greek distilled beverages, encompassing all types of liquors and spirit drinks, exceeded 100 million euros in value for 2023, up 9.4% percent on the previous year, according to data released by Eurostat last week.
Ouzo, the clear anise-flavored aperitif, was once again the most popular spirit exported from Greece, accounting for 58% of the total value of distilled beverage exports and 68% of total volume.
According to the Greek Federation of Spirits Producers (SEAOP), which processed the data collected and released by the EU statistics authority, the 106 million euros in export earnings for 2023 confirm that the sector has not only rebounded from the pandemic, it has exceeded pre-Covid levels, as well.
On a five-year basis (2019-2023), Greece’s spirits and alcoholic beverages sector has posted an increase of nearly 40% in terms of value, and 5.2% percent in terms of produce shipped abroad.
The EU-27 market absorbs 76% of Greek spirit exports by value and 78% (or 28.4 million kilos) by volume.
Source: tovima.com
Latest News
Eurostat: 3.2% Annual Inflation in Greece in April
The data shows that Greece ranks seventh in overall inflation within the eurozone and second in food inflation
Intrum’s 2024 Report Unveils Greek Businesses Embrace Digitalization for Growth
Looking ahead, over 40% of businesses prioritize development for 2024, with 65% recognizing the potential of digital business models as sustainable investments
IOBE: Mild Drop in April Business Confidence Index (BCI) in Greece
The positive balance of expectations for employment witnessed a marginal decline, while the index for production forecasts also recorded a mild drop
Greek PM Mitsotakis Calls on EU to Intervene Over Multinationals’ Pricing Policy
Speaking about price fairness, the Prime Minister emphasized, "Europe should also mean similar or uniform prices for the products sold by our multinational corporations.
Greenhouse Gas Emissions: 4% Decrease in EU, 0.3% Rise in Greece in Q4 2023
The EU's GDP remained stable with a marginal 0.2% increase in fourth quarter of 2023
HEREMA CEO: High Expectations from Natgas Exploration Off Crete
3D seismic surveys were conducted in the two offshore blocks west and southwest of Crete by a consortium comprised of ExxonMobil and HelleniQ Energy
EC Spring Forecast: Greek GDP at 2.2 in 2024, 2.3% in 2025
Besides Greek GDP inflation is expected to drop by a substantial 2.4% in 2024, settling at 2.8% from 4.2% in 2023 with 2025 recording a further decline to 2.1%
EBRD Raises Outlook for Greek GDP to 2.3% in 2024, 2.6% in 2025
Key downside risks remain, associated with possible delays in deploying Recovery and Resilience Facility (RRF) funds and weaknesses in key export markets and tourism source countries
Real Estate Insights: Athens’ Top Areas with the Highest Yields
In the first quarter of 2024, Korydallos in the Piraeus region and the burgeoning Attiki Square retain their top spots with impressive yields of 6.3%
ELSTAT: Inflation at 3.1% in April
Olive oil (63.7%), fruit (11.6%), fish (10.6%), and mineral water (12.5%) registered the highest increases annually