Middle East: Grape Wine Spirits Market 2024

Grape Wine Spirits Market Size in the Middle East

The Middle Eastern grape wine spirits market reduced to $X in 2022, which is down by -10% against the previous year. Over the period under review, consumption saw a mild slump. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Grape Wine Spirits Production in the Middle East

In value terms, grape wine spirits production declined modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2019 when the production volume increased by 18%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Grape Wine Spirits Exports

Exports in the Middle East

After three years of decline, overseas shipments of spirits obtained from distilled grape wine or grape marc increased by 82% to X litres in 2022. In general, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2014 with an increase of 130%. Over the period under review, the exports reached the maximum at X litres in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, grape wine spirits exports contracted dramatically to $X in 2022. Overall, exports showed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 140% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, the United Arab Emirates (X litres) represented the main exporter of spirits obtained from distilled grape wine or grape marc in the Middle East, creating 97% of total export.

The United Arab Emirates was also the fastest-growing in terms of the spirits obtained from distilled grape wine or grape marc exports, with a CAGR of +15.6% from 2012 to 2022. From 2012 to 2022, the share of the United Arab Emirates increased by +4.5 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest grape wine spirits supplier in the Middle East.

In the United Arab Emirates, grape wine spirits exports increased at an average annual rate of +20.4% over the period from 2012-2022.

Export Prices by Country

The export price in the Middle East stood at $X per litre in 2022, with a decrease of -58% against the previous year. Overall, the export price, however, posted a measured increase. The pace of growth appeared the most rapid in 2021 when the export price increased by 143% against the previous year. As a result, the export price attained the peak level of $X per litre, and then declined markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +4.2% per year.

Grape Wine Spirits Imports

Imports in the Middle East

In 2022, imports of spirits obtained from distilled grape wine or grape marc in the Middle East shrank remarkably to X litres, waning by -21.6% on the previous year's figure. Overall, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 127% against the previous year. As a result, imports reached the peak of X litres, and then shrank markedly in the following year.

In value terms, grape wine spirits imports shrank rapidly to $X in 2022. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 171%. As a result, imports attained the peak of $X, and then contracted sharply in the following year.

Imports by Country

The United Arab Emirates was the key importing country with an import of about X litres, which finished at 66% of total imports. Israel (X litres) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Turkey (8.2%) and Qatar (7%). The following importers - Bahrain (X litres) and Oman (X litres) - together made up 5.5% of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +11.2% from 2012 to 2022. At the same time, Qatar (+21.0%), Israel (+18.8%), Turkey (+15.6%) and Bahrain (+2.6%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +21.0% from 2012-2022. By contrast, Oman (-1.3%) illustrated a downward trend over the same period. While the share of Israel (+6 p.p.), Qatar (+4.1 p.p.), the United Arab Emirates (+2.9 p.p.) and Turkey (+2.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Bahrain (-3.8 p.p.) and Oman (-4.8 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported spirits obtained from distilled grape wine or grape marc in the Middle East, comprising 76% of total imports. The second position in the ranking was held by Israel ($X), with a 10% share of total imports. It was followed by Turkey, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to +11.3%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (+21.9% per year) and Turkey (+13.2% per year).

Import Prices by Country

The import price in the Middle East stood at $X per litre in 2022, which is down by -8.6% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 19% against the previous year. The level of import peaked 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 ($X per litre), while Qatar ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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