Report Update Apr 1, 2024

Angola - Spirits, Liqueurs and Other Spirituous Beverages - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Angola

In 2022, the Angolan spirits and liqueurs market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption, however, recorded a remarkable increase. Spirits and liqueurs consumption peaked in 2022 and is expected to retain growth in the immediate term.

Spirits And Liqueurs Production in Angola

In value terms, spirits and liqueurs production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Spirits and liqueurs production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Spirits And Liqueurs Exports

Exports from Angola

In 2022, overseas shipments of spirits, liqueurs and other spirituous beverages increased by X% to X litres for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X litres. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, spirits and liqueurs exports surged to $X in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Democratic Republic of the Congo (X litres) was the main destination for spirits and liqueurs exports from Angola, accounting for a approx. X% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo stood at X%.

In value terms, Democratic Republic of the Congo ($X) also remains the key foreign market for spirits, liqueurs and other spirituous beverages exports from Angola.

From 2015 to 2022, the average annual growth rate of value to Democratic Republic of the Congo totaled X%.

Export Prices by Country

The average spirits and liqueurs export price stood at $X per litre in 2022, jumping by X% against the previous year. Overall, the export price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2015 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to X% per year.

Spirits And Liqueurs Imports

Imports into Angola

In 2022, imports of spirits, liqueurs and other spirituous beverages into Angola shrank rapidly to X litres, reducing by X% against the previous year's figure. Over the period under review, imports recorded a dramatic decline. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X litres. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, spirits and liqueurs imports shrank sharply to $X in 2022. In general, imports saw a dramatic slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Portugal (X litres), the UK (X litres) and Ireland (X litres) were the main suppliers of spirits and liqueurs imports to Angola, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Portugal ($X), the UK ($X) and Ireland ($X) appeared to be the largest spirits and liqueurs suppliers to Angola, with a combined X% share of total imports.

Among the main suppliers, Ireland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average spirits and liqueurs import price stood at $X per litre in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, average import prices hit record highs at $X per litre in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per litre), while the price for Germany ($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 UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for spirits, liqueurs and other spirituous beverages in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, together comprising 40% of global consumption.

What are the largest producers of spirits, liqueurs and other spirituous beverages in the world?

China constituted the country with the largest volume of spirits and liqueurs production, accounting for 20% of total volume. Moreover, spirits and liqueurs production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of spirits, liqueurs and other spirituous beverages to Angola?

In value terms, Portugal, the UK and Ireland constituted the largest spirits and liqueurs suppliers to Angola, with a combined 71% share of total imports.

What are the leading importers of spirits, liqueurs and other spirituous beverages from Angola?

In value terms, Democratic Republic of the Congo remains the key foreign market for spirits, liqueurs and other spirituous beverages exports from Angola.

What is the average export price for spirits, liqueurs and other spirituous beverages in Angola?

The average spirits and liqueurs export price stood at $1.5 per litre in 2022, jumping by 52% against the previous year.

What is the average import price for spirits, liqueurs and other spirituous beverages in Angola?

In 2022, the average spirits and liqueurs import price amounted to $2.1 per litre, reducing by -18% against the previous year.

This report provides an in-depth analysis of the spirits and liqueurs market in Angola. 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)
Prodcom 11011030 - Whisky (important: excluding alcohol duty)
Prodcom 11011040 - Rum and other spirits obtained by distilling fermented sugarcane products (important: excluding alcohol duty)
Prodcom 11011050 - Gin and geneva (important: excluding alcohol duty)
Prodcom 11011063 - Vodka of an alcoholic strength by volume of . .45,4 % (important: excluding alcohol duty)
Prodcom 11011065 - Spirits distilled from fruit (excluding liqueurs, gin, geneva, g rape wine or grape marc (important: excluding alcohol duty))
Prodcom 11011070 - Pure alcohols (important: excluding alcohol duty)
Prodcom 11011080 - Spirits, liqueurs and other spirituous beverages (excluding spirits distilled from grape wine, grape marc or fruit/whisky, r um, tafia, gin and geneva, spirits distilled from fruit)

Country coverage:

Angola

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Angola
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023