Pakistan: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Pakistan

The Pakistani spirits and liqueurs market rose rapidly to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Spirits And Liqueurs Production in Pakistan

In value terms, spirits and liqueurs production rose markedly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Spirits and liqueurs production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Spirits And Liqueurs Exports

Exports from Pakistan

In 2022, shipments abroad of spirits, liqueurs and other spirituous beverages increased by X% to X litres, rising for the second year in a row after two years of decline. In general, exports, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2017 with an increase of X%. The exports peaked at X litres in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, spirits and liqueurs exports surged to $X in 2022. Overall, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X litres) was the main destination for spirits and liqueurs exports from Pakistan, with a X% share of total exports. It was followed by Angola (X litres), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Cote d'Ivoire amounted to X.2%.

In value terms, Cote d'Ivoire ($X) emerged as the key foreign market for spirits, liqueurs and other spirituous beverages exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Angola ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Cote d'Ivoire stood at X.4%.

Export Prices by Country

The average spirits and liqueurs export price stood at $X per litre in 2022, with a decrease of X% against the previous year. Overall, the export price saw a mild decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per litre. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per litre), while the average price for exports to Cote d'Ivoire stood at $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports into Pakistan

For the fourth consecutive year, Pakistan recorded growth in supplies from abroad of spirits, liqueurs and other spirituous beverages, which increased by X% to X litres in 2022. Overall, imports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at X litres in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, spirits and liqueurs imports contracted to $X in 2022. In general, imports, however, faced a dramatic curtailment. The growth pace was the most rapid in 2016 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X litres) constituted the largest supplier of spirits and liqueurs to Pakistan, with a X% share of total imports. Moreover, spirits and liqueurs imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Denmark (X litres), ninefold. France (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 the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and France (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of spirits, liqueurs and other spirituous beverages to Pakistan, comprising X% of total imports. The second position in the ranking was taken by Denmark ($X), with an X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

The average spirits and liqueurs import price stood at $X per litre in 2022, dropping by X% against the previous year. In general, the import price recorded a pronounced decline. The growth pace was the most rapid in 2014 when the average import price increased by X%. The import price peaked at $X per litre in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($X per litre), while the price for Spain ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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