South Africa - Spirits Obtained From Distilled Grape Wine Or Grape Marc - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGrape Wine Spirits Price in South Africa - 2023
Contents:
- Grape Wine Spirits Price in South Africa (CIF) - 2022
- Grape Wine Spirits Price in South Africa (FOB) - 2023
- Grape Wine Spirits Imports in South Africa
- Grape Wine Spirits Exports in South Africa
Grape Wine Spirits Price in South Africa (CIF) - 2022
The average grape wine spirits import price stood at $15 per litre in 2022, with an increase of 5.7% against the previous year. Overall, the import price enjoyed a buoyant increase. The growth pace was the most rapid in 2021 when the average import price increased by 87% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($152 per litre), while the price for Australia ($1.2 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+25.6%), while the prices for the other major suppliers experienced a decline.
Grape Wine Spirits Price in South Africa (FOB) - 2023
In July 2023, the average grape wine spirits export price amounted to $3.5 per litre, picking up by 36% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 199% against the previous month. Over the period under review, the average export prices attained the maximum at $5.3 per litre in February 2023; however, from March 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Botswana ($9.3 per litre), while the average price for exports to Spain ($1.8 per litre) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Grape Wine Spirits Imports in South Africa
For the third year in a row, South Africa recorded decline in overseas purchases of spirits obtained from distilled grape wine or grape marc, which decreased by -2.3% to 5.3M litres in 2022. Over the period under review, imports saw a abrupt setback. Over the period under review, imports reached the maximum at 9M litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, grape wine spirits imports rose modestly to $79M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Grape Wine Spirits in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 47.1 | 40.4 | 72.7 | 77.2 | 17.9% |
| Australia | 5.9 | 3.7 | 2.6 | 1.8 | -32.7% |
| Spain | 4.1 | 1.0 | N/A | N/A | -75.6% |
| Others | 0.4 | 0.7 | 1.5 | 0.3 | -9.1% |
| Total | 57.5 | 45.7 | 76.8 | 79.3 | 11.3% |
Top Suppliers of Grape Wine Spirits to South Africa in 2022:
- Spain (undefinedM litres)
- France (3.7M litres)
- Australia (1.5M litres)
Grape Wine Spirits Exports in South Africa
In 2022, exports of spirits obtained from distilled grape wine or grape marc from South Africa soared to 9.7M litres, rising by 42% against the year before. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 48%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, grape wine spirits exports skyrocketed to $32M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Grape Wine Spirits in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 8.0 | 6.9 | 10.6 | 13.2 | 18.2% |
| France | 7.5 | 7.3 | 6.3 | 7.7 | 0.9% |
| Spain | 0.6 | 0.6 | 0.6 | 3.6 | 81.7% |
| Botswana | 1.1 | 1.0 | 1.5 | 1.5 | 10.9% |
| Zimbabwe | 0.9 | 1.3 | 1.7 | 0.9 | 0.0% |
| Kenya | 1.0 | 0.5 | 0.8 | 0.8 | -7.2% |
| Lesotho | 0.7 | 0.3 | 0.6 | 0.6 | -5.0% |
| Others | 3.2 | 4.0 | 5.2 | 3.6 | 4.0% |
| Total | 22.9 | 21.8 | 27.2 | 31.9 | 11.7% |
Top Export Markets for Grape Wine Spirits from South Africa in 2022:
- France (4.3M litres)
- Spain (2.6M litres)
- Namibia (1.2M litres)
- Botswana (0.5M litres)
- Lesotho (0.2M litres)
- Zimbabwe (0.2M litres)
- Kenya (0.2M litres)
This report provides an in-depth analysis of the grape wine spirits market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11011020 - Spirits obtained from distilled grape wine or grape marc (important: excluding alcohol duty)
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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