MENA: Gin And Geneva Market 2023

Gin And Geneva Market Size in MENA

The MENA's gin and geneva market expanded to $X in 2022, picking up by 1.9% against the previous year. The total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +62.9% against 2015 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Gin And Geneva Production in MENA

In value terms, gin and geneva production rose modestly to $X in 2022 estimated in export price. The total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.9% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 30%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Gin And Geneva Exports

Exports in MENA

Gin and geneva exports fell to X litres in 2022, declining by -14.4% compared with the previous year's figure. Over the period under review, exports showed a perceptible contraction. The pace of growth appeared the most rapid in 2015 with an increase of 114%. As a result, the exports attained the peak of X litres. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, gin and geneva exports contracted modestly to $X in 2022. In general, exports continue to indicate a perceptible slump. The growth pace was the most rapid in 2015 with an increase of 61%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X litres) and the United Arab Emirates (X litres) prevails in exports structure, together constituting 90% of total exports. It was distantly followed by Tunisia (X litres), mixing up a 5.3% share of total exports. Israel (X litres) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Israel (with a CAGR of +115.6%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest gin and geneva supplying countries in MENA were the United Arab Emirates ($X), Turkey ($X) and Tunisia ($X), with a combined 92% share of total exports. These countries were followed by Israel, which accounted for a further 3.5%.

Among the main exporting countries, Israel, with a CAGR of +81.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per litre in 2022, picking up by 16% against the previous year. Export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 -18.9% against 2019 indices. The pace of growth was the most pronounced in 2018 when the export price increased by 55% against the previous year. Over the period under review, the export prices reached the maximum at $X per litre in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per litre), while Turkey ($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 United Arab Emirates (+3.9%), while the other leaders experienced mixed trends in the export price figures.

Gin And Geneva Imports

Imports in MENA

In 2022, the amount of gin and geneva imported in MENA soared to X litres, with an increase of 16% against 2021. Overall, imports showed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, gin and geneva imports rose modestly to $X in 2022. In general, imports saw a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Turkey (X litres) and the United Arab Emirates (X litres) were the key importers of gin and geneva in MENA, together recording approx. 69% of total imports. It was distantly followed by Israel (X litres), committing an 11% share of total imports. The following importers - Morocco (X litres), Lebanon (X litres), Djibouti (X litres) and Qatar (X litres) - together made up 14% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Israel (with a CAGR of +34.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Israel ($X) were the countries with the highest levels of imports in 2022, together comprising 80% of total imports.

Israel, with a CAGR of +40.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per litre, declining by -10.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2013 when the import price increased by 42%. As a result, import price reached the peak level of $X per litre. From 2014 to 2022, the import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+7.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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