MENA: Gin And Geneva Market 2024

Gin And Geneva Market Size in MENA

The MENA's gin and geneva market soared to $X in 2022, jumping by X% against the previous year. Overall, consumption posted a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Gin And Geneva Production in MENA

In value terms, gin and geneva production contracted to $X in 2022 estimated in export price. The total production indicated a strong 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Gin And Geneva Exports

Exports in MENA

Gin and geneva exports surged to X litres in 2022, increasing by X% compared with the previous year. Overall, exports recorded prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, gin and geneva exports soared to $X in 2022. Over the period under review, exports showed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates prevails in exports structure, recording X litres, which was near X% of total exports in 2022. It was distantly followed by Turkey (X litres), achieving an X% share of total exports. Lebanon (X litres) held a relatively small share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Lebanon (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of the United Arab Emirates, Turkey and Lebanon increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest gin and geneva supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Lebanon ($X), with a X% share of total exports.

In the United Arab Emirates, gin and geneva exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Lebanon (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in MENA stood at $X per litre in 2022, waning by X% against the previous year. Export price indicated a moderate increase from 2012 to 2022: its price 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, gin and geneva export price decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of export peaked at $X per litre in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lebanon ($X per litre), while Turkey ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (X%), while the other leaders experienced mixed trends in the export price figures.

Gin And Geneva Imports

Imports in MENA

Gin and geneva imports skyrocketed to X litres in 2022, jumping by X% against 2021. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, gin and geneva imports surged to $X in 2022. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Israel prevails in imports structure, accounting for X litres, which was approx. X% of total imports in 2022. The United Arab Emirates (X litres) and Turkey (X litres) held a minor share of total imports.

Israel was also the fastest-growing in terms of the gin and geneva imports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) and the United Arab Emirates (X%) displayed positive paces of growth. From 2012 to 2022, the share of Israel increased by X percentage points.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported gin and geneva in MENA, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

In the United Arab Emirates, gin and geneva imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in MENA stood at $X per litre in 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per litre. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per litre), while Israel ($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 Arab Emirates (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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