CIS: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in CIS

The CIS spirits and liqueurs market surged to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, showed a noticeable contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Spirits And Liqueurs Production in CIS

In value terms, spirits and liqueurs production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Spirits And Liqueurs Exports

Exports in CIS

Spirits and liqueurs exports shrank markedly to X litres in 2022, dropping by X% against 2021. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of export peaked at X litres in 2021, and then shrank dramatically in the following year.

In value terms, spirits and liqueurs exports shrank to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Armenia (X litres) and Russia (X litres) dominates exports structure, together comprising X% of total exports. Moldova (X litres) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Kazakhstan (X%). The following exporters - Uzbekistan (X litres) and Azerbaijan (X litres) - together made up X% of total exports.

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

In value terms, Armenia ($X) remains the largest spirits and liqueurs supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by Moldova, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Armenia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (X% per year) and Moldova (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per litre in 2022, jumping by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the export prices attained the peak figure at $X per litre in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Uzbekistan ($X per litre), while Russia ($X per litre) was amongst the lowest.

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

Spirits And Liqueurs Imports

Imports in CIS

Spirits and liqueurs imports surged to X litres in 2022, growing by X% on the previous year. Total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs imports dropped dramatically to $X in 2022. In general, imports, however, continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia prevails in imports structure, finishing at X litres, which was near X% of total imports in 2022. It was distantly followed by Kazakhstan (X litres), committing a X% share of total imports. Armenia (X litres) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to spirits and liqueurs imports into Russia stood at X%. At the same time, Kazakhstan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Armenia (X%) illustrated a downward trend over the same period. Russia (X p.p.) and Kazakhstan (X p.p.) significantly strengthened its position in terms of the total imports, while Armenia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported spirits, liqueurs and other spirituous beverages in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Armenia (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per litre in 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The level of import peaked at $X per litre in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per litre), while Russia ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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