United Arab Emirates: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in the United Arab Emirates

The spirits and liqueurs market in the United Arab Emirates reduced remarkably to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a perceptible slump. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Spirits And Liqueurs Exports

Exports from the United Arab Emirates

In 2022, overseas shipments of spirits, liqueurs and other spirituous beverages increased by X% to X litres, rising for the second year in a row after two years of decline. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs exports skyrocketed to $X in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore (X litres) was the main destination for spirits and liqueurs exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, spirits and liqueurs exports to Singapore exceeded the volume sent to the second major destination, Oman (X litres), threefold. The third position in this ranking was held by Tanzania (X litres), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and Tanzania (X% per year).

In value terms, Singapore ($X), India ($X) and Kenya ($X) were the largest markets for spirits and liqueurs exported from the United Arab Emirates worldwide, together accounting for X% of total exports. Oman, the Netherlands, the UK, Qatar, Bahrain, Tanzania, Ghana, Congo and Angola lagged somewhat behind, together comprising a further X%.

Bahrain, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average spirits and liqueurs export price amounted to $X per litre, dropping by X% against the previous year. Over the period under review, the export price, however, saw a measured increase. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked at $X per litre in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external 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 Angola (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports into the United Arab Emirates

In 2022, the amount of spirits, liqueurs and other spirituous beverages imported into the United Arab Emirates was estimated at X litres, increasing by X% compared with the previous year. Overall, imports saw a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, spirits and liqueurs imports skyrocketed to $X in 2022. In general, imports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The UK (X litres), France (X litres) and India (X litres) were the main suppliers of spirits and liqueurs imports to the United Arab Emirates, with a combined X% share of total imports. Sweden, the United States, Mexico, Italy, Ukraine, Russia, Germany and Ireland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and the United States ($X) appeared to be the largest spirits and liqueurs suppliers to the United Arab Emirates, with a combined X% share of total imports. Mexico, Sweden, Italy, India, Germany, Ireland, Russia and Ukraine lagged somewhat behind, together accounting for a further X%.

Ukraine, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average spirits and liqueurs import price amounted to $X per litre, picking up by X% against the previous year. Overall, the import price, however, recorded a mild reduction. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per litre in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per litre), while the price for Ukraine ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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