Report Update Nov 1, 2024

Saudi Arabia - Gin and Geneva - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Gin And Geneva Market 2024

Gin And Geneva Market Size in Saudi Arabia

The Saudi gin and geneva market rose to $X in 2022, picking up by 2.2% against the previous year. Over the period under review, consumption saw buoyant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Gin And Geneva Production in Saudi Arabia

In value terms, gin and geneva production amounted to $X in 2022 estimated in export price. Overall, production showed a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 85% against the previous year. Gin and geneva production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Gin And Geneva Exports

Exports from Saudi Arabia

In 2022, the amount of gin and geneva exported from Saudi Arabia surged to X litres, increasing by 70% compared with the previous year's figure. Over the period under review, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of 159%. Over the period under review, the exports attained the peak figure at X litres in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, gin and geneva exports soared to $X in 2022. In general, exports, however, faced a abrupt setback. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Iceland (X litres) and Belgium (X litres) were the main destinations of gin and geneva exports from Saudi Arabia.

From 2015 to 2022, the biggest increases were recorded for Iceland (with a CAGR of 0.0%).

In value terms, Belgium ($X) emerged as the key foreign market for gin and geneva exports from Saudi Arabia, comprising 39% of total exports. The second position in the ranking was taken by Iceland ($X), with a 4.7% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of value to Belgium was relatively modest.

Export Prices by Country

The average gin and geneva export price stood at $X per litre in 2022, increasing by 41% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 48%. As a result, the export price reached the peak level of $X per litre. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per litre), while the average price for exports to Iceland stood at $X per litre.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-1.2%).

Gin And Geneva Imports

Imports into Saudi Arabia

In 2022, imports of gin and geneva into Saudi Arabia expanded slightly to X litres, increasing by 3.9% on the previous year's figure. Over the period under review, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 1,373%. Imports peaked at X litres in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, gin and geneva imports rose modestly to $X in 2022. Overall, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2016 when imports increased by 462% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The UK (X litres) and the United States (X litres) were the main suppliers of gin and geneva imports to Saudi Arabia.

From 2022 to 2022, the biggest increases were recorded for the United States (with a CAGR of 0.0%).

In value terms, the UK ($X) constituted the largest supplier of gin and geneva to Saudi Arabia, comprising 62% of total imports. The second position in the ranking was taken by the United States ($X), with a 30% share of total imports.

From 2022 to 2022, the average annual growth rate of value from the UK was relatively modest.

Import Prices by Country

In 2022, the average gin and geneva import price amounted to $X per litre, with a decrease of -2.2% against the previous year. Overall, the import price showed a pronounced curtailment. The pace of growth was the most pronounced in 2020 an increase of 49%. The import price peaked at $X per litre in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per litre), while the price for the United States totaled $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-5.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gin and geneva in the world?

The United States constituted the country with the largest volume of gin and geneva consumption, comprising approx. 78% of total volume. Moreover, gin and geneva consumption in the United States exceeded the figures recorded by the second-largest consumer, India, more than tenfold. Japan ranked third in terms of total consumption with a 1.8% share.

What are the largest producers of gin and geneva in the world?

The country with the largest volume of gin and geneva production was the United States, accounting for 77% of total volume. Moreover, gin and geneva production in the United States exceeded the figures recorded by the second-largest producer, the UK, more than tenfold. The third position in this ranking was occupied by India, with a 2.7% share.

What are the leading suppliers of gin and geneva to Saudi Arabia?

In value terms, the UK constituted the largest supplier of gin and geneva to Saudi Arabia, comprising 53% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 26% share of total imports. It was followed by the Netherlands, with a 9% share.

What are the leading importers of gin and geneva from Saudi Arabia?

In value terms, Montenegro remains the key foreign market for gin and geneva exports from Saudi Arabia.

What is the average export price for gin and geneva in Saudi Arabia?

The average gin and geneva export price stood at $7.8 per litre in 2021, leveling off at the previous year.

What is the average import price for gin and geneva in Saudi Arabia?

In 2021, the average gin and geneva import price amounted to $5.3 per litre, increasing by 4.5% against the previous year.

This report provides an in-depth analysis of the gin and geneva market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 11011050 - Gin and geneva (important: excluding alcohol duty)

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023