Angola: Grape Wine Spirits Market 2024

Grape Wine Spirits Market Size in Angola

The Angolan grape wine spirits market surged to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption saw prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Grape Wine Spirits Production in Angola

In value terms, grape wine spirits production contracted modestly to $X in 2022 estimated in export price. Overall, the total production indicated resilient growth 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 pace of growth appeared the most rapid in 2013 with an increase of X%. Grape wine spirits production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Grape Wine Spirits Exports

Exports from Angola

In 2022, overseas shipments of spirits obtained from distilled grape wine or grape marc increased by X% to X litres for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports reached the peak of X litres. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, grape wine spirits exports soared to $X in 2022. Overall, exports, however, showed a abrupt downturn. 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. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X litres) was the main destination for grape wine spirits exports from Angola, with a X% share of total exports. Moreover, grape wine spirits exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, South Africa (X litres), fourfold.

From 2015 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and Germany (X% per year).

In value terms, Germany ($X) emerged as the key foreign market for spirits obtained from distilled grape wine or grape marc exports from Angola, comprising X% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a X% share of total exports.

From 2015 to 2022, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and South Africa (X% per year).

Export Prices by Country

In 2022, the average grape wine spirits export price amounted to $X per litre, rising by X% against the previous year. In general, the export price posted a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per litre), while the average price for exports to South Africa ($X per litre) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X%).

Grape Wine Spirits Imports

Imports into Angola

In 2022, approx. X litres of spirits obtained from distilled grape wine or grape marc were imported into Angola; which is down by X% against the previous year's figure. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X litres in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, grape wine spirits imports dropped significantly to $X in 2022. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Portugal (X litres) constituted the largest supplier of grape wine spirits to Angola, with a X% share of total imports. Moreover, grape wine spirits imports from Portugal exceeded the figures recorded by the second-largest supplier, France (X litres), more than tenfold. Moldova (X litres) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Portugal amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Moldova (X% per year).

In value terms, Portugal ($X) constituted the largest supplier of spirits obtained from distilled grape wine or grape marc to Angola, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Moldova, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Moldova (X% per year).

Import Prices by Country

In 2022, the average grape wine spirits import price amounted to $X per litre, picking up by X% against the previous year. Overall, import price indicated a mild 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, grape wine spirits import price increased by X% against 2019 indices. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per litre; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 Moldova (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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