Middle East: Gin And Geneva Market 2024

Gin And Geneva Market Size in the Middle East

In 2022, the Middle Eastern gin and geneva market increased by 2% to $X, rising for the sixth year in a row after two years of decline. The total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 +62.8% against 2016 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Gin And Geneva Production in the Middle East

In value terms, gin and geneva production amounted to $X in 2022 estimated in export price. The total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.2% 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 -2.2% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 29% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Gin And Geneva Exports

Exports in the Middle East

Gin and geneva exports declined remarkably to X litres in 2022, shrinking by -17% against the previous year's figure. Over the period under review, exports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2015 with an increase of 108%. The volume of export peaked at X litres in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, gin and geneva exports fell modestly to $X in 2022. In general, exports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 66%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X litres) and the United Arab Emirates (X litres) dominates exports structure, together committing 96% of total exports. Israel (X litres) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +115.6%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Israel ($X) constituted the countries with the highest levels of exports in 2022, with a combined 96% share of total exports.

In terms of the main exporting countries, Israel, with a CAGR of +81.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the Middle East stood at $X per litre in 2022, surging by 15% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 66% against the previous year. The level of export peaked at $X per litre in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per litre), while Turkey ($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 (+3.9%), while the other leaders experienced a decline in the export price figures.

Gin And Geneva Imports

Imports in the Middle East

Gin and geneva imports soared to X litres in 2022, jumping by 17% against 2021. Overall, imports showed prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 60% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, gin and geneva imports expanded slightly to $X in 2022. Over the period under review, imports showed a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 84% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

Turkey (X litres) and the United Arab Emirates (X litres) represented roughly 77% of total imports in 2022. It was distantly followed by Israel (X litres), generating a 12% share of total imports. Lebanon (X litres) and Qatar (X litres) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +34.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 88% of total imports.

Israel, with a CAGR of +40.6%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per litre in 2022, declining by -12.7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 42% against the previous year. As a result, import price attained the peak level of $X per litre. From 2014 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+4.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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