United Arab Emirates: Grape Wine Spirits Market 2024

Grape Wine Spirits Market Size in the United Arab Emirates

The grape wine spirits market in the United Arab Emirates dropped sharply to $X in 2022, with a decrease of -38.2% against the previous year. In general, consumption, however, recorded a prominent increase. As a result, consumption attained the peak level of $X, and then reduced rapidly in the following year.

Grape Wine Spirits Production in the United Arab Emirates

In value terms, grape wine spirits production expanded markedly to $X in 2022 estimated in export price. Overall, production posted a notable expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by 308%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Grape Wine Spirits Exports

Exports from the United Arab Emirates

In 2022, approx. X litres of spirits obtained from distilled grape wine or grape marc were exported from the United Arab Emirates; picking up by 84% against the previous year's figure. In general, exports showed a prominent expansion. The growth pace was the most rapid in 2017 with an increase of 266%. The exports peaked at X litres in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, grape wine spirits exports declined sharply to $X in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 157%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

India (X litres) was the main destination for grape wine spirits exports from the United Arab Emirates, accounting for a 70% share of total exports. Moreover, grape wine spirits exports to India exceeded the volume sent to the second major destination, Tanzania (X litres), threefold. The third position in this ranking was taken by Rwanda (X litres), with a 4% share.

From 2012 to 2022, the average annual growth rate of volume to India stood at +43.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+30.0% per year) and Rwanda (+88.6% per year).

In value terms, India ($X) emerged as the key foreign market for spirits obtained from distilled grape wine or grape marc exports from the United Arab Emirates, comprising 84% of total exports. The second position in the ranking was held by Tanzania ($X), with a 4.3% share of total exports. It was followed by Rwanda, with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled +44.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+20.3% per year) and Rwanda (+81.9% per year).

Export Prices by Country

In 2022, the average grape wine spirits export price amounted to $X per litre, dropping by -62.4% against the previous year. In general, the export price, however, saw noticeable growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 203%. As a result, the export price reached the peak level of $X per litre. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per litre), while the average price for exports to Tanzania ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Grape Wine Spirits Imports

Imports into the United Arab Emirates

Grape wine spirits imports into the United Arab Emirates shrank significantly to X litres in 2022, waning by -30.4% compared with the previous year's figure. Over the period under review, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 243%. As a result, imports attained the peak of X litres, and then declined notably in the following year.

In value terms, grape wine spirits imports fell notably to $X in 2022. Overall, imports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 229%. As a result, imports attained the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, France (X litres) constituted the largest grape wine spirits supplier to the United Arab Emirates, accounting for a 29% share of total imports. Moreover, grape wine spirits imports from France exceeded the figures recorded by the second-largest supplier, India (X litres), threefold. The United States (X litres) ranked third in terms of total imports with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+11.1% per year) and the United States (+12.8% per year).

In value terms, the United States ($X), France ($X) and India ($X) appeared to be the largest grape wine spirits suppliers to the United Arab Emirates, together comprising 61% of total imports.

The United States, with a CAGR of +40.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average grape wine spirits import price stood at $X per litre in 2022, shrinking by -6.4% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 27%. The import price peaked at $X per litre in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per litre), while the price for the Philippines ($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 States (+24.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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