Gin and geneva market in Spain

Earlier Report Observations

Following the peak of the gin-tonic trend, the Spanish gin market entered a phase of saturation and shifting consumer tastes. Aging demographics, health-conscious trends, and a move away from nighttime drinking contributed to a stabilization of domestic consumption, with market volume holding near 36 000 thousand l in 2018 and 35 800 thousand l in 2019. The persistence of these factors led to a significant contraction, with volume falling to 25 700 thousand l in 2020.

Market dynamics remained volatile in the early 2020s. Although demand for premium and craft gin, particularly for cocktails, grew, the total market volume declined further to 21 500 thousand l in 2021. A resurgence to 27 500 thousand l occurred in 2022, driven by urbanization, rising disposable incomes, and the entry of major international players into the premium segment, which introduced innovative products. This recovery was interrupted in 2023 when inflationary pressures and a volatile global economic context reduced volume to 20 400 thousand l.

The market expanded again in 2024, reaching 30 200 thousand l. This growth was propelled by the premium segment, where younger consumers and tasting events fueled demand for innovative and sustainable gins. Product launches like Bombay Sapphire Premier Cru Murcian Lemon, featuring local ingredients, exemplified this trend. Increased exports to markets like Italy and Mexico also provided support, highlighting the sector's adaptation through premiumization and international reach.

Production gin and geneva in Spain

In value, 2017-2020, K $ US

Spain's gin and geneva production experienced a decline after two consecutive years of growth. In 2020, output was valued at 66 569 thousand US dollars, marking a significant decrease of 32.9% compared to the previous year. Over the 2017-2020 period, production fell by 27.2%, with a compound annual growth rate of -10.0%. The peak value was recorded in 2019 at 99 225 thousand US dollars, while the largest annual increase occurred in 2018 at 5.8%.

Annual dynamics of production in Spain in value, 2017-2020, K $ US

In kind, 2017-2020, K l

In 2020, Spain produced 22 544 thousand liters of gin and geneva, representing a sharp decline of 28.0% from the previous year. Over the 2017-2020 period, production decreased by 39.1%, with a compound annual growth rate of -15.2%. The largest annual increase was recorded in 2019 at 4.6%.

Annual dynamics of production in Spain in kind, 2017-2020, K l

Exports gin and geneva from Spain

Exports in kind, K l

The data shows irregular changes, indicating a volatile market environment. Spain exported 5 478 thousand liters of gin and geneva in 2020, a decrease of 49.5% year-over-year. The lowest export volume was recorded in 2020, while the highest was in 2019 at 10 843 thousand liters, reflecting a two-fold gap between these years. The largest annual increase occurred in 2019 at 73.8%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, K l

From 2017 to 2020, Germany (11.1% of exports in kind), Italy (10.5%), and Europe, not elsewhere specified (7.2%) formed the largest group of buyers for Spanish gin and geneva. However, their combined contribution was limited to 28.9% of total exports in kind, reflecting a diversified country structure.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Spain in kind, 2017-2020

Exports in value, M $ US

After two years of growth, Spain's gin and geneva exports declined. In 2020, exports were valued at 53.8 million US dollars, a robust decrease of 25.0% compared to the previous year. Over the 2017-2020 period, exports increased by 13.1%, with a compound annual growth rate of 4.2%. The peak value was recorded in 2019 at 71.8 million US dollars, while the largest annual increase occurred in 2018 at 29.8%.

Annual dynamics of product's exports from Spain in value, 2017-2020, M $ US

From 2017 to 2020, Spain's gin and geneva exports in value terms relied on a wide range of partner countries. Germany (13.8% of exports in value terms), Italy (13.7%), and Europe, not elsewhere specified (7.4%) together accounted for just 34.9% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Spain in value, 2017-2020

Imports gin and geneva to Spain

Imports in kind, K l

Spain imported 8 626 thousand liters of gin and geneva in 2020, indicating a decline of 43.9% compared to 2019. Over the 2017-2020 period, imports decreased by 33.4%, with a compound annual growth rate of -12.7%. The peak volume was recorded in 2019 at 15 365 thousand liters, while the largest annual increase occurred in 2019 at 21.0%.

Annual dynamics of product's imports to Spain in kind, 2017-2020, K l

From 2017 to 2020, the United Kingdom and the Netherlands were the main sources for Spain's gin and geneva imports in kind, jointly accounting for 83.7% of total flows, with the remaining share distributed among other markets.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Spain in kind, 2017-2020

Imports in value, M $ US

Spain imported gin and geneva valued at 82.2 million US dollars in 2020, representing a 41.5% decline compared to 2019. Over the 2017-2020 period, imports decreased by 35%, with a compound annual growth rate of -13.4%. The peak value was recorded in 2019 at 140.5 million US dollars, while the largest annual increase occurred in 2019 at 27.7%.

Annual dynamics of product's imports to Spain in value, 2017-2020, M $ US

Throughout 2017 to 2020, the United Kingdom and the Netherlands remained the key partner countries for Spain's gin and geneva imports in value terms, with a combined share of 85.0% of total flows; other partners accounted for the remainder.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Spain in value, 2017-2020