MENA: Wine Market 2024

Wine Market Size in MENA

In 2022, the MENA's wine market decreased by X% to $X, falling for the third consecutive year after two years of growth. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Wine Production in MENA

In value terms, wine production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Wine Exports

Exports in MENA

In 2022, approx. X litres of wine and grape must were exported in MENA; jumping by X% compared with 2021 figures. Overall, exports recorded a strong increase. The pace of growth was the most pronounced in 2019 with an increase of X%. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

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

Exports by Country

Israel represented the main exporter of wine and grape must in MENA, with the volume of exports recording X litres, which was approx. X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X litres), Turkey (X litres) and Lebanon (X litres), together achieving a X% share of total exports. Morocco (X litres) followed a long way behind the leaders.

Exports from Israel increased at an average annual rate of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%), Lebanon (X%) and Turkey (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, Morocco (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) and Israel (X p.p.) significantly strengthened its position in terms of the total exports, while Lebanon, Turkey and Morocco saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest wine supplying countries in MENA were the United Arab Emirates ($X), Israel ($X) and Lebanon ($X), with a combined X% share of total exports.

Among the main exporting countries, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per litre in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

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

Wine Imports

Imports in MENA

In 2022, the amount of wine and grape must imported in MENA soared to X litres, with an increase of X% on the year before. Total imports indicated a prominent 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. Based on 2022 figures, imports increased by X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wine imports surged to $X in 2022. Overall, imports showed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Israel (X litres) and the United Arab Emirates (X litres) represented roughly X% of total imports in 2022. Morocco (X litres) ranks next in terms of the total imports with a X% share, followed by Algeria (X%). The following importers - Turkey (X litres) and Qatar (X litres) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Israel (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per litre, dropping by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per litre in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform