Report Update Nov 1, 2024

Kazakhstan - Vermouth - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Vermouth Market 2024

Vermouth Market Size in Kazakhstan

In 2022, after five years of growth, there was significant decline in the Kazakh vermouth market, when its value decreased by -32.1% to $X. Over the period under review, consumption, however, posted a remarkable increase. Over the period under review, the market hit record highs at $X in 2021, and then dropped dramatically in the following year.

Vermouth Exports

Exports from Kazakhstan

In 2022, exports of vermouth from Kazakhstan surged to X litres, picking up by 4,075% on the previous year's figure. Over the period under review, exports recorded buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, vermouth exports soared to $X in 2022. In general, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Uzbekistan (X litres) was the main destination for vermouth exports from Kazakhstan, accounting for a 75% share of total exports. Moreover, vermouth exports to Uzbekistan exceeded the volume sent to the second major destination, Turkmenistan (X litres), threefold.

From 2015 to 2022, the average annual growth rate of volume to Uzbekistan amounted to +682.2%.

In value terms, Uzbekistan ($X) remains the key foreign market for vermouth exports from Kazakhstan, comprising 75% of total exports. The second position in the ranking was held by Turkmenistan ($X), with a 25% share of total exports.

From 2015 to 2022, the average annual growth rate of value to Uzbekistan stood at +731.1%.

Export Prices by Country

In 2022, the average vermouth export price amounted to $X per litre, increasing by 12% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per litre in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per litre), while the average price for exports to Turkmenistan stood at $X per litre.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+6.2%).

Vermouth Imports

Imports into Kazakhstan

In 2022, after five years of growth, there was significant decline in purchases abroad of vermouth, when their volume decreased by -22.7% to X litres. In general, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2019 with an increase of 80% against the previous year. Imports peaked at X litres in 2021, and then shrank remarkably in the following year.

In value terms, vermouth imports declined dramatically to $X in 2022. Over the period under review, imports, however, recorded a resilient expansion. The growth pace was the most rapid in 2014 when imports increased by 78%. Imports peaked at $X in 2021, and then plummeted in the following year.

Imports by Country

In 2022, Italy (X litres) constituted the largest vermouth supplier to Kazakhstan, with a 72% share of total imports. Moreover, vermouth imports from Italy exceeded the figures recorded by the second-largest supplier, Moldova (X litres), fivefold. The third position in this ranking was taken by Spain (X litres), with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (+8.6% per year) and Spain (+22.2% per year).

In value terms, Italy ($X) constituted the largest supplier of vermouth to Kazakhstan, comprising 74% of total imports. The second position in the ranking was taken by Moldova ($X), with a 13% share of total imports. It was followed by Russia, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (+13.0% per year) and Russia (+46.3% per year).

Import Prices by Country

In 2022, the average vermouth import price amounted to $X per litre, waning by -16.6% against the previous year. In general, the import price saw a slight contraction. The pace of growth appeared the most rapid in 2014 an increase of 58%. As a result, import price reached the peak level of $X per litre. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per litre) and Russia ($X per litre), while the price for Ukraine ($X per litre) and Spain ($X per litre) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vermouth in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 48% share of global consumption.

What are the largest producers of vermouth in the world?

China constituted the country with the largest volume of vermouth production, comprising approx. 26% of total volume. Moreover, vermouth production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 9.5% share.

What are the leading suppliers of vermouth to Kazakhstan?

In value terms, the largest vermouth suppliers to Kazakhstan were Italy, Moldova and Spain, with a combined 77% share of total imports.

What is the average export price for vermouth in Kazakhstan?

The average vermouth export price stood at $3.3 per litre in 2015, standing approx. at the previous year.

What is the average import price for vermouth in Kazakhstan?

In 2021, the average vermouth import price amounted to $1.9 per litre, with an increase of 7.6% against the previous year.

This report provides an in-depth analysis of the vermouth market in Kazakhstan. 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:

Prodcom 11041000 - Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances (excluding alcohol duty)

Country coverage:

Kazakhstan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kazakhstan
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023