United Arab Emirates: Grape Must Market 2024

Grape Must Market Size in the United Arab Emirates

The grape must market in the United Arab Emirates reduced to $X in 2021, shrinking by -10.2% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Grape Must Production in the United Arab Emirates

In value terms, grape must production contracted to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 37% against the previous year. Grape must production peaked at $X in 2020, and then fell in the following year.

Grape Must Exports

Exports from the United Arab Emirates

In 2021, overseas shipments of grape must were finally on the rise to reach X litres after two years of decline. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 2,164%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, grape must exports skyrocketed to $X in 2021. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 3,436% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Oman (X litres) was the main destination for grape must exports from the United Arab Emirates, accounting for a 81% share of total exports. Moreover, grape must exports to Oman exceeded the volume sent to the second major destination, Zambia (X litres), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Oman amounted to +16.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (0.0% per year) and Rwanda (0.0% per year).

In value terms, the largest markets for grape must exported from the United Arab Emirates were Oman ($X), Zambia ($X) and Rwanda ($X), together comprising 100% of total exports.

In terms of the main countries of destination, Zambia, with a CAGR of 0.0%, 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 mixed trend patterns.

Export Prices by Country

The average grape must export price stood at $X per litre in 2021, picking up by 4.7% against the previous year. Overall, the export price recorded a measured increase. The pace of growth was the most pronounced in 2017 an increase of 204% against the previous year. As a result, the export price reached the peak level of $X per litre. From 2018 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($X per litre), while the average price for exports to Oman ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (-22.0%).

Grape Must Imports

Imports into the United Arab Emirates

In 2021, approx. X litres of grape must were imported into the United Arab Emirates; shrinking by -54.2% against 2020 figures. Overall, imports saw a deep downturn. The pace of growth was the most pronounced in 2018 when imports increased by 133% against the previous year. Over the period under review, imports reached the maximum at X litres in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, grape must imports dropped notably to $X in 2021. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 121%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X litres), Spain (X litres) and Turkey (X litres) were the main suppliers of grape must imports to the United Arab Emirates, with a combined 58% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +363.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of grape must to the United Arab Emirates, comprising 31% of total imports. The second position in the ranking was taken by Spain ($X), with a 12% share of total imports. It was followed by Belgium, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at +17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+431.1% per year) and Belgium (0.0% per year).

Import Prices by Country

The average grape must import price stood at $X per litre in 2021, which is down by -29.6% against the previous year. Overall, the import price, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2015 an increase of 104% against the previous year. Over the period under review, average import prices hit record highs at $X per litre in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per litre), while the price for Turkey ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+40.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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