Central Asia: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Central Asia

The Central Asian spirits and liqueurs market was estimated at $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in the near future.

Spirits And Liqueurs Production in Central Asia

In value terms, spirits and liqueurs production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Spirits And Liqueurs Exports

Exports in Central Asia

In 2022, shipments abroad of spirits, liqueurs and other spirituous beverages increased by X% to X litres, rising for the second year in a row after two years of decline. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs exports skyrocketed to $X in 2022. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

In 2022, Kazakhstan (X litres) represented the key exporter of spirits, liqueurs and other spirituous beverages, creating X% of total exports. It was distantly followed by Uzbekistan (X litres) and Kyrgyzstan (X litres), together comprising a X% share of total exports. Turkmenistan (X litres) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to spirits and liqueurs exports from Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Turkmenistan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Uzbekistan and Turkmenistan increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest spirits and liqueurs supplying countries in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X), together comprising X% of total exports. Turkmenistan lagged somewhat behind, accounting for a further X%.

Turkmenistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per litre, reducing by X% against the previous year. Over the period under review, the export price recorded a slight decrease. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the export prices reached the maximum at $X per litre in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkmenistan ($X per litre), while Kyrgyzstan ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (X%), while the other leaders experienced a decline in the export price figures.

Spirits And Liqueurs Imports

Imports in Central Asia

In 2022, purchases abroad of spirits, liqueurs and other spirituous beverages increased by X% to X litres, rising for the seventh year in a row after two years of decline. Over the period under review, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, spirits and liqueurs imports soared to $X in 2022. In general, imports recorded buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Kazakhstan (X litres) represented the key importer of spirits, liqueurs and other spirituous beverages, creating X% of total imports. It was distantly followed by Mongolia (X litres), comprising an X% share of total imports. The following importers - Kyrgyzstan (X litres), Turkmenistan (X litres) and Uzbekistan (X litres) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to spirits and liqueurs imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Turkmenistan (X%) and Mongolia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mongolia, Turkmenistan, Kazakhstan and Uzbekistan increased by X, X, X and X percentage points, respectively.

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

In Kazakhstan, spirits and liqueurs imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Mongolia (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per litre in 2022, rising by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per litre in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mongolia ($X per litre), while Turkmenistan ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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