Central Asia: Grape Wine Spirits Market 2024

Grape Wine Spirits Market Size in Central Asia

The Central Asian grape wine spirits market declined to $X in 2022, dropping by -8.5% against the previous year. Over the period under review, consumption, however, enjoyed pronounced growth. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Grape Wine Spirits Production in Central Asia

In value terms, grape wine spirits production dropped to $X in 2022 estimated in export price. The total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.8% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 40%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Grape Wine Spirits Exports

Exports in Central Asia

In 2022, approx. X litres of spirits obtained from distilled grape wine or grape marc were exported in Central Asia; picking up by 38% on 2021. In general, exports recorded significant growth. The growth pace was the most rapid in 2015 with an increase of 416%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, grape wine spirits exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 670% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Uzbekistan represented the main exporter of spirits obtained from distilled grape wine or grape marc in Central Asia, with the volume of exports amounting to X litres, which was near 50% of total exports in 2022. It was distantly followed by Kyrgyzstan (X litres) and Kazakhstan (X litres), together creating a 50% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +34.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X) emerged as the largest grape wine spirits supplier in Central Asia, comprising 63% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 29% share of total exports.

In Uzbekistan, grape wine spirits exports expanded at an average annual rate of +30.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (+44.4% per year) and Kyrgyzstan (+16.4% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per litre, waning by -2.3% against the previous year. Overall, the export price, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2017 when the export price increased by 122%. Over the period under review, the export prices reached the peak figure at $X per litre in 2021, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+7.5%), while the other leaders experienced a decline in the export price figures.

Grape Wine Spirits Imports

Imports in Central Asia

Grape wine spirits imports soared to X litres in 2022, jumping by 17% against the year before. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 65%. As a result, imports attained the peak of X litres. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, grape wine spirits imports shrank to $X in 2022. Over the period under review, imports posted a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

Kazakhstan was the major importer of spirits obtained from distilled grape wine or grape marc in Central Asia, with the volume of imports accounting for X litres, which was near 80% of total imports in 2022. Kyrgyzstan (X litres) held the second position in the ranking, followed by Mongolia (X litres). All these countries together held approx. 16% share of total imports. Uzbekistan (X litres) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to grape wine spirits imports into Kazakhstan stood at +8.2%. At the same time, Uzbekistan (+38.2%), Mongolia (+15.2%) and Kyrgyzstan (+1.5%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +38.2% from 2012-2022. Kazakhstan (+4.9 p.p.), Uzbekistan (+2.7 p.p.) and Mongolia (+2.5 p.p.) significantly strengthened its position in terms of the total imports, while Kyrgyzstan saw its share reduced by -8.3% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported spirits obtained from distilled grape wine or grape marc in Central Asia, comprising 74% of total imports. The second position in the ranking was held by Mongolia ($X), with a 16% share of total imports. It was followed by Kyrgyzstan, with a 3.9% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan stood at +9.2%. In the other countries, the average annual rates were as follows: Mongolia (+18.2% per year) and Kyrgyzstan (-2.0% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per litre, with a decrease of -22.2% against the previous year. Import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grape wine spirits import price increased by +41.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 82% against the previous year. As a result, import price attained the peak level of $X per litre, and then contracted dramatically in the following year.

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 Mongolia ($X per litre), while Kyrgyzstan ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (+2.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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