Between 2018 and 2023, the market for whiskies in Singapore was forecasted to have a CAGR of 5.4 percent. Singapore has one of Asia's lowest consumption level of spirits. The consumption pattern of spirits vary between the generations; while the older generation consumed more whiskies, brandy, and cognac, the younger generation preferred to consume their spirits as part of cocktails or mixed drinks.
Forecast of the compound annual growth rate (CAGR) of whiskies, and brandy and cognac in Singapore between 2018 to 2023
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European Commission. (May 15, 2020). Forecast of the compound annual growth rate (CAGR) of whiskies, and brandy and cognac in Singapore between 2018 to 2023 [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1176209/singapore-forecasted-cagr-whiskies-and-brandy/
European Commission. "Forecast of the compound annual growth rate (CAGR) of whiskies, and brandy and cognac in Singapore between 2018 to 2023." Chart. May 15, 2020. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1176209/singapore-forecasted-cagr-whiskies-and-brandy/
European Commission. (2020). Forecast of the compound annual growth rate (CAGR) of whiskies, and brandy and cognac in Singapore between 2018 to 2023. Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1176209/singapore-forecasted-cagr-whiskies-and-brandy/
European Commission. "Forecast of The Compound Annual Growth Rate (Cagr) of Whiskies, and Brandy and Cognac in Singapore between 2018 to 2023." Statista, Statista Inc., 15 May 2020, https://www.statista.com/statistics/1176209/singapore-forecasted-cagr-whiskies-and-brandy/
European Commission, Forecast of the compound annual growth rate (CAGR) of whiskies, and brandy and cognac in Singapore between 2018 to 2023 Statista, https://www.statista.com/statistics/1176209/singapore-forecasted-cagr-whiskies-and-brandy/ (last visited January 06, 2025)
Forecast of the compound annual growth rate (CAGR) of whiskies, and brandy and cognac in Singapore between 2018 to 2023 [Graph], European Commission, May 15, 2020. [Online]. Available: https://www.statista.com/statistics/1176209/singapore-forecasted-cagr-whiskies-and-brandy/
