SADC: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in SADC

For the third consecutive year, the SADC spirits and liqueurs market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Spirits And Liqueurs Production in SADC

In value terms, spirits and liqueurs production totaled $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; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Spirits And Liqueurs Exports

Exports in SADC

In 2022, approx. X litres of spirits, liqueurs and other spirituous beverages were exported in SADC; surging by X% compared with the previous year. The total export volume 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 most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, spirits and liqueurs exports rose markedly to $X in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa represented the largest exporter of spirits, liqueurs and other spirituous beverages in SADC, with the volume of exports reaching X litres, which was near X% of total exports in 2022. Angola (X litres) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Tanzania (X%), Mauritius (X%) and Swaziland (X%). Democratic Republic of the Congo (X litres) and Zambia (X litres) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to spirits and liqueurs exports from South Africa stood at X%. At the same time, Democratic Republic of the Congo (X%), Swaziland (X%), Mauritius (X%), Tanzania (X%) and Angola (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, Zambia (X%) illustrated a downward trend over the same period. Angola (X p.p.), Tanzania (X p.p.), Mauritius (X p.p.), Swaziland (X p.p.) and Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest spirits and liqueurs supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total exports. It was followed by Angola, with a X% share.

In South Africa, spirits and liqueurs exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritius (X% per year) and Angola (X% per year).

Export Prices by Country

The export price in SADC stood at $X per litre in 2022, waning by X% against the previous year. In general, the export price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per litre in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 South Africa ($X per litre), while Zambia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (X%), while the other leaders experienced mixed trends in the export price figures.

Spirits And Liqueurs Imports

Imports in SADC

In 2022, imports of spirits, liqueurs and other spirituous beverages in SADC skyrocketed to X litres, increasing by X% on the year before. In general, imports, however, showed a abrupt shrinkage. Over the period under review, imports attained the peak figure at X litres in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, spirits and liqueurs imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a mild downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X litres) represented the main importer of spirits, liqueurs and other spirituous beverages, mixing up X% of total imports. It was distantly followed by Democratic Republic of the Congo (X litres) and Namibia (X litres), together comprising a X% share of total imports. The following importers - Tanzania (X litres), Botswana (X litres), Angola (X litres), Zimbabwe (X litres), Mauritius (X litres) and Mozambique (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 main importing countries, was attained by Democratic Republic of the Congo (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported spirits, liqueurs and other spirituous beverages in SADC, comprising X% of total imports. The second position in the ranking was held by Namibia ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with an X% share.

In South Africa, spirits and liqueurs imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Namibia (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per litre, dropping by X% against the previous year. Over the period under review, the import price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per litre in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Namibia ($X per litre), while Democratic Republic of the Congo ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform