Qatar - Wine - Market Analysis, Forecast, Size, Trends and Insights

Qatar: Wine Market Overview 2019

Wine Market Size in Qatar

The revenue of the wine market in Qatar amounted to $X in 2018, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, wine consumption continues to indicate a deep drop. The most prominent rate of growth was recorded in 2013 when the market value increased by X% y-o-y. In that year, the wine market attained its peak level of $X. From 2014 to 2018, the growth of the wine market remained at a lower figure.

Wine Exports

Exports from Qatar

In 2018, approx. X tonnes of wine were exported from Qatar; waning by -X% against the previous year. In general, wine exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, wine exports reached their peak figure at X tonnes in 2017, and then declined slightly in the following year.

In value terms, wine exports amounted to $X in 2018. Over the period under review, wine exports continue to indicate a drastic deduction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. In that year, wine exports reached their peak of $X, and then declined slightly in the following year.

Exports by Country

China, Hong Kong SAR (X tonnes) was the main destination for wine exports from Qatar, with a X% share of total exports. Moreover, wine exports to China, Hong Kong SAR exceeded the volume sent to the second major destination, Australia (X kg), more than tenfold.

From 2007 to 2018, the average annual growth rate of volume to China, Hong Kong SAR was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and Singapore (-X% per year).

In value terms, China, Hong Kong SAR ($X) remains the key foreign market for wine exports from Qatar, comprising X% of total wine exports. The second position in the ranking was occupied by Australia ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to China, Hong Kong SAR amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and Singapore (-X% per year).

Export Prices by Country

The average wine export price stood at $X per tonne in 2018, waning by -X% against the previous year. Overall, the wine export price continues to indicate a drastic drop. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for wine reached their peak figure at $X per tonne in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

Average prices varied somewhat for the major foreign markets. In 2018, the country with the highest price was China, Hong Kong SAR ($X per tonne), while the average price for exports to Singapore ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Australia, while the prices for the other major destinations experienced a decline.

Wine Imports

Imports into Qatar

In 2018, the amount of wine imported into Qatar stood at X tonnes, falling by -X% against the previous year. Overall, wine imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. In that year, wine imports attained their peak of X tonnes. From 2014 to 2018, the growth of wine imports failed to regain its momentum.

In value terms, wine imports amounted to $X in 2018. Over the period under review, wine imports continue to indicate an abrupt setback. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. In that year, wine imports attained their peak of $X. From 2014 to 2018, the growth of wine imports failed to regain its momentum.

Imports by Country

France (X tonnes), the Netherlands (X tonnes) and the UK (X tonnes) were the main suppliers of wine imports to Qatar, together comprising X% of total imports. India, South Africa, Australia, Belgium, Mexico, Viet Nam, Italy, Spain and Chile lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Viet Nam, while the other leaders experienced mixed trend patterns.

In value terms, France ($X) constituted the largest supplier of wine to Qatar, comprising X% of total wine imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from France totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and the Netherlands (-X% per year).

Import Prices by Country

In 2018, the average wine import price amounted to $X per tonne, jumping by X% against the previous year. In general, the import price indicated a noticeable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wine import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked in 2018 and is likely to see steady growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform