MENA: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in MENA

The MENA's spirits and liqueurs market rose markedly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Spirits And Liqueurs Production in MENA

In value terms, spirits and liqueurs production stood at $X in 2022 estimated in export price. Overall, production, however, recorded a slight downturn. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Spirits And Liqueurs Exports

Exports in MENA

In 2022, overseas shipments of spirits, liqueurs and other spirituous beverages increased by X% to X litres, rising for the second consecutive year after two years of decline. In general, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs exports soared to $X in 2022. Over the period under review, exports showed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates prevails in exports structure, resulting at X litres, which was near X% of total exports in 2022. It was distantly followed by Turkey (X litres), achieving a X% share of total exports. Lebanon (X litres) held a little share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the spirits, liqueurs and other spirituous beverages exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) displayed positive paces of growth. Lebanon experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United Arab Emirates increased by X percentage points.

In value terms, the United Arab Emirates ($X) remains the largest spirits and liqueurs supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.

In the United Arab Emirates, spirits and liqueurs exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and Lebanon (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per litre, shrinking by X% against the previous year. Export price indicated buoyant growth from 2012 to 2022: its price 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 growth pace was the most rapid in 2015 an increase of X% against the previous year. The level of export peaked at $X per litre in 2021, and then plummeted in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($X per litre), while the United Arab Emirates ($X per litre) was amongst the lowest.

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

Spirits And Liqueurs Imports

Imports in MENA

In 2022, the amount of spirits, liqueurs and other spirituous beverages imported in MENA skyrocketed to X litres, picking up by X% against the year before. Over the period under review, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs imports soared to $X in 2022. Total imports indicated resilient 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Israel was the major importer of spirits, liqueurs and other spirituous beverages in MENA, with the volume of imports finishing at X litres, which was near X% of total imports in 2022. The United Arab Emirates (X litres) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Turkey (X%) and Iraq (X%). The following importers - Oman (X litres), Morocco (X litres) and Bahrain (X litres) - each accounted for a X% share of total imports.

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

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported spirits, liqueurs and other spirituous beverages in MENA, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in MENA stood at $X per litre in 2022, which is down by X% against the previous year. Overall, the import price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2013 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per litre in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per litre), while Israel ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform