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Eastern Europe spirits market growth analysis

The Eastern Europe spirits market size was valued at $63.45 billion in 2021. The market is projected to grow at a CAGR of more than 4% during the forecast period. Eastern Europe was the fourth-largest region for spirits. Among all the categories in the sector, vodka accounted for the largest value share. Based on the relative performance of countries on multiple metrics, Poland, the Czech Republic, Latvia, and Hungary were shortlisted as high-potential countries due to their large spirits market sizes, projected high value growth rates, and rising per capita value growth levels.

The Eastern Europe spirits market research report brings together multiple data sources to provide a comprehensive overview of the Eastern Europe spirits sector, analyzing data from 20 countries in the region.


Zinc mining market analysis

Zinc is mainly used in the production of galvanized steel, which widely used in automobiles, home appliances, construction, infrastructure, ships, light industry, machinery, and batteries. Demand for galvanized steel is highly dependent on investments in the construction, infrastructure, and automobiles industries. In addition, zinc consumption in batteries for energy storage is also advancing, as its manufacturing is inexpensive compared to other batteries.

After increasing marginally in 2019, global zinc consumption decreased in 2020, due to falling demand from key end-user markets. Global finished steel demand is expected to recover in 2021 with improvements in the manufacturing, automotive, construction and infrastructure sectors. The main driver of growth will be China, followed by India, the US and Germany. Over the forecast period, the global zinc consumption is expected to grow by 2025, with a rebound in the construction and automotive industries.


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