Jordan: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Jordan

In 2022, the Jordanian wine of fresh grapes market increased by 88% to $X, rising for the fourth year in a row after two years of decline. In general, consumption showed a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from Jordan

After two years of growth, shipments abroad of wine of fresh grapes (except sparkling wine) decreased by -41.2% to X litres in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 1,240%. Over the period under review, the exports hit record highs at X litres in 2021, and then reduced remarkably in the following year.

In value terms, wine of fresh grapes exports fell sharply to $X in 2022. In general, exports, however, posted strong growth. The growth pace was the most rapid in 2014 with an increase of 1,115%. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell remarkably in the following year.

Exports by Country

Free Zones (X litres) was the main destination for wine of fresh grapes exports from Jordan, with a 66% share of total exports. Moreover, wine of fresh grapes exports to Free Zones exceeded the volume sent to the second major destination, Israel (X litres), twofold.

From 2012 to 2022, the average annual growth rate of volume to Free Zones totaled +18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (-20.7% per year) and Japan (+1,925.3% per year).

In value terms, Free Zones ($X) remains the key foreign market for wine of fresh grapes (except sparkling wine) exports from Jordan, comprising 72% of total exports. The second position in the ranking was held by Israel ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Free Zones totaled +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (-47.7% per year) and Japan (+468.2% per year).

Export Prices by Country

In 2022, the average wine of fresh grapes export price amounted to $X per litre, waning by -15.2% against the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of 38% against the previous year. The export price peaked at $X per litre in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per litre), while the average price for exports to Israel ($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 Free Zones (-5.6%), while the prices for the other major destinations experienced a decline.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into Jordan

In 2022, purchases abroad of wine of fresh grapes (except sparkling wine) increased by 54% to X litres, rising for the fourth consecutive year after two years of decline. In general, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 70%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, wine of fresh grapes imports skyrocketed to $X in 2022. Overall, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X litres), Saudi Arabia (X litres) and Italy (X litres) were the main suppliers of wine of fresh grapes imports to Jordan, with a combined 58% share of total imports. Austria, Free Zones, the United States, Lebanon, Spain, the United Arab Emirates, Turkey, Chile, South Africa and Switzerland lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the biggest increases were recorded for Free Zones (with a CAGR of +401.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Italy ($X) and France ($X) constituted the largest wine of fresh grapes suppliers to Jordan, with a combined 54% share of total imports. Austria, Free Zones, the United States, Lebanon, Spain, the United Arab Emirates, Turkey, Chile, Switzerland and South Africa lagged somewhat behind, together comprising a further 43%.

Among the main suppliers, Free Zones, with a CAGR of +289.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wine of fresh grapes import price amounted to $X per litre, rising by 8.3% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 15%. Over the period under review, average import prices attained the peak figure at $X per litre in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per litre), while the price for France ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform