MENA: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in MENA

The MENA's spirits and liqueurs market rose rapidly to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Spirits And Liqueurs Production in MENA

In value terms, spirits and liqueurs production amounted to $X in 2022 estimated in export price. Overall, production, however, recorded a mild descent. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Spirits And Liqueurs Exports

Exports in MENA

In 2022, shipments abroad 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. Over the period under review, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs exports skyrocketed to $X in 2022. In general, exports enjoyed resilient growth. 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 dominates exports structure, finishing at X litres, which was approx. X% of total exports in 2022. It was distantly followed by Turkey (X litres), comprising a X% share of total exports. Lebanon (X litres) took a little share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the spirits, liqueurs and other spirituous beverages exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) displayed positive paces of growth. Lebanon experienced a relatively flat trend pattern. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Lebanon and Turkey saw its share reduced by X% and X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates stood at X%. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Lebanon (X% per year).

Export Prices by Country

The export price in MENA stood at $X per litre in 2022, shrinking by X% against the previous year. Export price indicated a resilient expansion 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. The growth pace was the most rapid in 2015 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per litre in 2021, and then fell sharply in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($X per litre), while the United Arab Emirates ($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 more modest paces of growth.

Spirits And Liqueurs Imports

Imports in MENA

Spirits and liqueurs imports surged to X litres in 2022, with an increase of X% against 2021. Overall, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs imports soared to $X in 2022. Total imports indicated a prominent increase 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Israel was the major importer of spirits, liqueurs and other spirituous beverages in MENA, with the volume of imports reaching X litres, which was approx. X% of total imports in 2022. It was distantly followed by the United Arab Emirates (X litres), Turkey (X litres) and Iraq (X litres), together making up a X% share of total imports. The following importers - Oman (X litres), Morocco (X litres) and Bahrain (X litres) - each reached a X% share of total imports.

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

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported spirits, liqueurs and other spirituous beverages in MENA, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled X%. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Israel (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per litre, which is down by X% against the previous year. Overall, the import price recorded a noticeable decrease. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The level of import peaked at $X per litre in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per litre), while Israel ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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