We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report GCC - Wine - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

GCC - Wine - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

GCC: Wine Market 2024

Wine Exports

Exports in GCC

In 2021, after three years of decline, there was significant growth in overseas shipments of wine, when their volume increased by 135% to X litres. Over the period under review, exports enjoyed a remarkable increase. The volume of export peaked at X litres in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, wine exports skyrocketed to $X in 2021. In general, exports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 83%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates prevails in exports structure, resulting at X litres, which was approx. 96% of total exports in 2021. Saudi Arabia (X litres) took a relatively small share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the wine exports, with a CAGR of +7.4% from 2012 to 2021. Saudi Arabia (-8.5%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+9.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Saudi Arabia (-9.5 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest wine supplier in GCC, comprising 98% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 1.5% share of total exports.

In the United Arab Emirates, wine exports increased at an average annual rate of +7.4% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in GCC amounted to $X per litre, declining by -25.1% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 43% against the previous year. As a result, the export price attained the peak level of $X per litre. From 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per litre), while Saudi Arabia amounted to $X per litre.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.1%).

Wine Imports

Imports in GCC

In 2021, supplies from abroad of wine was finally on the rise to reach X litres after two years of decline. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of import peaked at X litres in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, wine imports skyrocketed to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates prevails in imports structure, accounting for X litres, which was near 90% of total imports in 2021. The following importers - Qatar (X litres), Bahrain (X litres), Oman (X litres) and Saudi Arabia (X litres) - together made up 10% of total imports.

From 2012 to 2021, average annual rates of growth with regard to wine imports into the United Arab Emirates stood at +4.9%. At the same time, Saudi Arabia (+5.2%) and Bahrain (+3.9%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing importer imported in GCC, with a CAGR of +5.2% from 2012-2021. By contrast, Oman (-5.0%) and Qatar (-16.7%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+21 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Oman (-1.8 p.p.) and Qatar (-20 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported wine in GCC, comprising 94% of total imports. The second position in the ranking was taken by Bahrain ($X), with a 2.2% share of total imports. It was followed by Qatar, with a 1.9% share.

In the United Arab Emirates, wine imports expanded at an average annual rate of +7.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Bahrain (+6.0% per year) and Qatar (-15.3% per year).

Import Prices by Country

In 2021, the import price in GCC amounted to $X per litre, with an increase of 34% against the previous year. Over the last nine years, it increased at an average annual rate of +3.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per litre), while Qatar ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the wine market in GCC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 564 - Wine

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in GCC, split by region and country
  • Trade (exports and imports) in GCC
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Bahrain
    • Kuwait
    • Oman
    • Qatar
    • Saudi Arabia
    • United Arab Emirates

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

Recommended reports

Asia - Wine - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 728

This report provides an in-depth analysis of the wine market in Asia.

World - Wine - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 6468

This report provides an in-depth analysis of the global wine market.

EU - Wine - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 1069

This report provides an in-depth analysis of the wine market in the EU.

U.S. - Wine - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 829

This report provides an in-depth analysis of the wine market in the U.S..

China - Wine - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 1068

This report provides an in-depth analysis of the wine market in China.

Free Data: Wine - GCC
Table
Wine - GCC - Table
Dashboard
Wine - GCC - Dashboard
Report
Wine - GCC - Report