GCC: Gin And Geneva Market 2024

Gin And Geneva Market Size in GCC

The GCC gin and geneva market fell to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, posted prominent growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Gin And Geneva Production in GCC

In value terms, gin and geneva production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Gin And Geneva Exports

Exports in GCC

Gin and geneva exports surged to X litres in 2022, with an increase of X% against the previous year's figure. Overall, exports enjoyed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, gin and geneva exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate significant 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 prevails in exports structure, resulting at X litres, which was near X% of total exports in 2022. Bahrain (X litres) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to gin and geneva exports from the United Arab Emirates stood at X%. At the same time, Bahrain (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. Bahrain (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates stood at X%.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per litre, shrinking by X% against the previous year. Export price indicated measured growth 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 most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per litre in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per litre), while the United Arab Emirates amounted to $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Gin And Geneva Imports

Imports in GCC

In 2022, imports of gin and geneva in GCC soared to X litres, picking up by X% against 2021. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked at X litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, gin and geneva imports skyrocketed to $X in 2022. Overall, imports posted a buoyant expansion. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

The United Arab Emirates dominates imports structure, accounting for X litres, which was near X% of total imports in 2022. Bahrain (X litres), Qatar (X litres), Oman (X litres) and Saudi Arabia (X litres) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to gin and geneva imports into the United Arab Emirates stood at X%. At the same time, Saudi Arabia (X%), Bahrain (X%), Qatar (X%) and Oman (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Bahrain increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (X% per year) and Bahrain (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per litre, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained 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 Qatar ($X per litre), while Saudi Arabia ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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