Middle East: Grape Wine Spirits Market 2024

Grape Wine Spirits Market Size in the Middle East

The Middle Eastern grape wine spirits market declined to $X in 2022, dropping by X% against the previous year. In general, consumption continues to indicate a pronounced downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Grape Wine Spirits Production in the Middle East

In value terms, grape wine spirits production declined modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Grape Wine Spirits Exports

Exports in the Middle East

In 2022, overseas shipments of spirits obtained from distilled grape wine or grape marc increased by X% to X litres, rising for the second year in a row after two years of decline. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, grape wine spirits exports soared to $X in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the United Arab Emirates (X litres) was the main exporter of spirits obtained from distilled grape wine or grape marc in the Middle East, making up X% of total export.

The United Arab Emirates was also the fastest-growing in terms of the spirits obtained from distilled grape wine or grape marc exports, with a CAGR of X% from 2012 to 2022. While the share of the United Arab Emirates (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest grape wine spirits supplier in the Middle East.

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

Export Prices by Country

The export price in the Middle East stood at $X per litre in 2022, which is down by X% against the previous year. In general, the export price saw a perceptible decline. The most prominent rate of growth was recorded in 2015 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 remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Grape Wine Spirits Imports

Imports in the Middle East

In 2022, the amount of spirits obtained from distilled grape wine or grape marc imported in the Middle East contracted notably to X litres, dropping by X% on the year before. In general, imports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X litres, and then shrank sharply in the following year.

In value terms, grape wine spirits imports expanded markedly to $X in 2022. Over the period under review, imports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

The United Arab Emirates (X litres) and Israel (X litres) prevails in imports structure, together making up X% of total imports. Oman (X litres) held the next position in the ranking, followed by Turkey (X litres) and Qatar (X litres). All these countries together took near X% share of total imports. Bahrain (X litres) followed a long way behind the leaders.

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 X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported spirits obtained from distilled grape wine or grape marc in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Israel ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

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

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per litre, increasing by X% against the previous year. Import price indicated a noticeable expansion 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. The level of import peaked at $X per litre in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per litre), while Oman ($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 (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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