United Arab Emirates: Wine Market 2024

Wine Market Size in the United Arab Emirates

The wine market in the United Arab Emirates fell dramatically to $X in 2022, which is down by X% against the previous year. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. 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.

Wine Production in the United Arab Emirates

In value terms, wine production totaled $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Wine production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Wine Exports

Exports from the United Arab Emirates

In 2022, wine exports from the United Arab Emirates skyrocketed to X litres, increasing by X% against the previous year. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wine exports surged to $X in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X litres), Kenya (X litres) and Tanzania (X litres) were the main destinations of wine exports from the United Arab Emirates, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for wine and grape must exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Kenya, with an X% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Kenya (X% per year).

Export Prices by Country

The average wine export price stood at $X per litre in 2022, rising by X% against the previous year. In general, the export price continues to indicate a temperate increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per litre. From 2020 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 France ($X per litre), while the average price for exports to Tanzania ($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 Rwanda (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wine Imports

Imports into the United Arab Emirates

In 2022, approx. X litres of wine and grape must were imported into the United Arab Emirates; with an increase of X% on 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, imports reached the peak of X litres. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, wine imports soared to $X in 2022. Over the period under review, imports enjoyed a strong expansion. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, France (X litres) constituted the largest supplier of wine to the United Arab Emirates, accounting for a X% share of total imports. Moreover, wine imports from France exceeded the figures recorded by the second-largest supplier, Italy (X litres), twofold. South Africa (X litres) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and South Africa (X% per year).

In value terms, France ($X) constituted the largest supplier of wine and grape must to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Australia (X% per year).

Import Prices by Country

In 2022, the average wine import price amounted to $X per litre, increasing by X% against the previous year. Overall, the import price posted buoyant growth. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 France ($X per litre), while the price for South Africa ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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