Jordan: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Jordan

In 2022, the Jordanian spirits and liqueurs market increased by X% to $X, rising for the sixth consecutive year after three years of decline. In general, the total consumption indicated notable growth from 2012 to 2022: its value 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, consumption increased by X% against 2016 indices. Spirits and liqueurs consumption peaked in 2022 and is likely to see steady growth in years to come.

Spirits And Liqueurs Production in Jordan

In value terms, spirits and liqueurs production expanded to $X in 2022 estimated in export price. Over the period under review, the total production indicated a slight increase from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Spirits And Liqueurs Exports

Exports from Jordan

In 2022, shipments abroad of spirits, liqueurs and other spirituous beverages decreased by X% to X litres, falling for the fourth year in a row after two years of growth. In general, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at X litres in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, spirits and liqueurs exports dropped significantly to $X in 2022. Over the period under review, exports saw a pronounced decline. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

Iraq (X litres) was the main destination for spirits and liqueurs exports from Jordan, accounting for a X% share of total exports. Moreover, spirits and liqueurs exports to Iraq exceeded the volume sent to the second major destination, the United Arab Emirates (X litres), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Free Zones (X% per year).

In value terms, Iraq ($X) remains the key foreign market for spirits, liqueurs and other spirituous beverages exports from Jordan, comprising X% of total exports. The second position in the ranking was taken by Free Zones ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Iraq stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average spirits and liqueurs export price amounted to $X per litre, with a decrease of X% against the previous year. In general, the export price, however, continues to indicate significant growth. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per litre in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per litre), while the average price for exports to the United Arab Emirates ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports into Jordan

In 2022, after two years of growth, there was significant decline in overseas purchases of spirits, liqueurs and other spirituous beverages, when their volume decreased by X% to X litres. Over the period under review, 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. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of X litres. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, spirits and liqueurs imports contracted markedly to $X in 2022. In general, imports, however, enjoyed a pronounced increase. The growth pace was the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the UK (X litres) constituted the largest spirits and liqueurs supplier to Jordan, accounting for a X% share of total imports. Moreover, spirits and liqueurs imports from the UK exceeded the figures recorded by the second-largest supplier, Russia (X litres), fivefold. The third position in this ranking was taken by the United States (X litres), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and the United States (X% per year).

In value terms, the UK ($X) constituted the largest supplier of spirits, liqueurs and other spirituous beverages to Jordan, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Mexico (X% per year).

Import Prices by Country

The average spirits and liqueurs import price stood at $X per litre in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

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

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

Source: IndexBox Platform