Africa: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Africa

The African spirits and liqueurs market rose to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Spirits And Liqueurs Production in Africa

In value terms, spirits and liqueurs production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Spirits And Liqueurs Exports

Exports in Africa

Spirits and liqueurs exports rose remarkably to X litres in 2022, with an increase of X% against 2021. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X%. The volume of export peaked at X litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, spirits and liqueurs exports rose remarkably to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa represented the largest exporting country with an export of about X litres, which recorded X% of total exports. Angola (X litres) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Tanzania (X%), Rwanda (X%), Mauritius (X%) and Kenya (X%). The following exporters - Swaziland (X litres), Uganda (X litres), Ghana (X litres), Cote d'Ivoire (X litres), Democratic Republic of the Congo (X litres) and Ethiopia (X litres) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to spirits and liqueurs exports from South Africa stood at X%. At the same time, Democratic Republic of the Congo (X%), Rwanda (X%), Swaziland (X%), Mauritius (X%), Tanzania (X%), Cote d'Ivoire (X%), Angola (X%), Kenya (X%) and Ethiopia (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Uganda experienced a relatively flat trend pattern. By contrast, Ghana (X%) illustrated a downward trend over the same period. Angola (X p.p.), Rwanda (X p.p.), Tanzania (X p.p.), Mauritius (X p.p.), Swaziland (X p.p.), Democratic Republic of the Congo (X p.p.) and Cote d'Ivoire (X p.p.) significantly strengthened its position in terms of the total exports, while Ghana and South Africa saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest spirits and liqueurs supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Rwanda ($X), with a X% share of total exports. It was followed by Mauritius, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Rwanda (X% per year) and Mauritius (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per litre, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per litre in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per litre), while Ghana ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (X%), while the other leaders experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports in Africa

In 2022, spirits and liqueurs imports in Africa rose to X litres, with an increase of X% against 2021 figures. In general, imports, however, recorded a slight slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X litres in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, spirits and liqueurs imports surged to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X litres), distantly followed by Democratic Republic of the Congo (X litres), Togo (X litres), Rwanda (X litres), Nigeria (X litres), Ghana (X litres) and Kenya (X litres) represented the major importers of spirits, liqueurs and other spirituous beverages, together constituting X% of total imports. Mali (X litres), Morocco (X litres), Namibia (X litres), Cote d'Ivoire (X litres), Equatorial Guinea (X litres) and Burkina Faso (X litres) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mali (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported spirits, liqueurs and other spirituous beverages in Africa, comprising X% of total imports. The second position in the ranking was taken by Morocco ($X), with a X% share of total imports. It was followed by Ghana, with a X% share.

In South Africa, spirits and liqueurs imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Morocco (X% per year) and Ghana (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per litre, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 an increase of X%. The level of import peaked at $X per litre in 2019; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Namibia ($X per litre), while Togo ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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