United Arab Emirates: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in the United Arab Emirates

The wine of fresh grapes market in the United Arab Emirates soared to $X in 2022, surging by 37% 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). Overall, consumption, however, continues to indicate a strong expansion. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the near future.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from the United Arab Emirates

In 2022, wine of fresh grapes exports from the United Arab Emirates shrank sharply to X litres, waning by -69.6% compared with the year before. Overall, exports recorded a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 162%. Over the period under review, the exports reached the peak figure at X litres in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, wine of fresh grapes exports plummeted to $X in 2022. Over the period under review, exports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 111%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Tanzania (X litres) was the main destination for wine of fresh grapes exports from the United Arab Emirates, with a 57% share of total exports. Moreover, wine of fresh grapes exports to Tanzania exceeded the volume sent to the second major destination, Burundi (X litres), fourfold. Hong Kong SAR (X litres) ranked third in terms of total exports with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tanzania amounted to +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+15.8% per year) and Hong Kong SAR (+10.8% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for wine of fresh grapes (except sparkling wine) exports from the United Arab Emirates, comprising 42% of total exports. The second position in the ranking was taken by India ($X), with a 20% share of total exports. It was followed by Burundi, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Hong Kong SAR stood at +15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-2.8% per year) and Burundi (+7.6% per year).

Export Prices by Country

The average wine of fresh grapes export price stood at $X per litre in 2022, declining by -7.7% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 45%. The export price peaked at $X per litre in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per litre), while the average price for exports to Tanzania ($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 India (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into the United Arab Emirates

Wine of fresh grapes imports into the United Arab Emirates contracted to X litres in 2022, waning by -6.6% on 2021. Over the period under review, imports, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 41% against the previous year. As a result, imports reached the peak of X litres. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wine of fresh grapes imports surged to $X in 2022. In general, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

France (X litres), South Africa (X litres) and Australia (X litres) were the main suppliers of wine of fresh grapes imports to the United Arab Emirates, with a combined 41% share of total imports. Italy, Chile, Spain, New Zealand, Argentina, the UK and the United States lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +12.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of wine of fresh grapes (except sparkling wine) to the United Arab Emirates, comprising 29% of total imports. The second position in the ranking was held by South Africa ($X), with a 5.5% share of total imports. It was followed by Italy, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value from France totaled +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+5.4% per year) and Italy (+5.5% per year).

Import Prices by Country

In 2022, the average wine of fresh grapes import price amounted to $X per litre, rising by 61% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wine of fresh grapes import price increased by +120.4% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: 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 Vietnam (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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