Report Update Apr 1, 2024

Saudi Arabia - Spirits, Liqueurs and Other Spirituous Beverages - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Saudi Arabia

The Saudi spirits and liqueurs market expanded sharply to $X in 2022, growing by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Spirits And Liqueurs Production in Saudi Arabia

In value terms, spirits and liqueurs production expanded remarkably to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

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Spirits And Liqueurs Exports

Exports from Saudi Arabia

In 2022, shipments abroad of spirits, liqueurs and other spirituous beverages decreased by X% to X litres for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports reached the peak of X litres. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, spirits and liqueurs exports rose significantly to $X in 2022. Overall, exports, however, continue to indicate tangible growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ethiopia (X litres), the Czech Republic (X litres) and Namibia (X litres) were the main destinations of spirits and liqueurs exports from Saudi Arabia, with a combined X% share of total exports. Nepal, Egypt and Rwanda lagged somewhat behind, together comprising a further X%.

From 2020 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

It was followed by Namibia, with a X% share.

From 2020 to 2022, the average annual growth rate of value to the Czech Republic was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (X% per year) and Namibia (X% per year).

Export Prices by Country

In 2022, the average spirits and liqueurs export price amounted to $X per litre, rising by X% against the previous year. Over the period under review, the export price, however, faced a abrupt descent. The export price peaked at $X per litre in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($X per litre), while the average price for exports to Ethiopia ($X per litre) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports into Saudi Arabia

After two years of growth, purchases abroad of spirits, liqueurs and other spirituous beverages decreased by X% to X litres in 2021. In general, imports showed a abrupt setback. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X litres, and then fell significantly in the following year.

In value terms, spirits and liqueurs imports contracted significantly to $X in 2021. Over the period under review, imports showed a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced notably in the following year.

Imports by Country

In 2021, France (X litres) was the main spirits and liqueurs supplier to Saudi Arabia, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from France was relatively modest.

In value terms, France ($X) constituted the largest supplier of spirits, liqueurs and other spirituous beverages to Saudi Arabia.

From 2012 to 2021, the average annual rate of growth in terms of value from France was relatively modest.

Import Prices by Country

The average spirits and liqueurs import price stood at $X per litre in 2021, reducing by X% against the previous year. In general, the import price recorded a abrupt setback. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price attained the peak level of $X per litre. From 2014 to 2021, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for spirits, liqueurs and other spirituous beverages in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, with a combined 40% share of global consumption.

What are the largest producers of spirits, liqueurs and other spirituous beverages in the world?

The country with the largest volume of spirits and liqueurs production was China, comprising approx. 20% of total volume. Moreover, spirits and liqueurs production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of spirits, liqueurs and other spirituous beverages to Saudi Arabia?

In value terms, France constituted the largest supplier of spirits, liqueurs and other spirituous beverages to Saudi Arabia.

What are the leading importers of spirits, liqueurs and other spirituous beverages from Saudi Arabia?

It was followed by Namibia, with a 15% share.

What is the average export price for spirits, liqueurs and other spirituous beverages in Saudi Arabia?

In 2022, the average spirits and liqueurs export price amounted to $2 per litre, surging by 15% against the previous year.

What is the average import price for spirits, liqueurs and other spirituous beverages in Saudi Arabia?

In 2021, the average spirits and liqueurs import price amounted to $0.8 per litre, falling by -75.6% against the previous year.

This report provides an in-depth analysis of the spirits and liqueurs market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 11011020 - Spirits obtained from distilled grape wine or grape marc (important: excluding alcohol duty)
Prodcom 11011030 - Whisky (important: excluding alcohol duty)
Prodcom 11011040 - Rum and other spirits obtained by distilling fermented sugarcane products (important: excluding alcohol duty)
Prodcom 11011050 - Gin and geneva (important: excluding alcohol duty)
Prodcom 11011063 - Vodka of an alcoholic strength by volume of . .45,4 % (important: excluding alcohol duty)
Prodcom 11011065 - Spirits distilled from fruit (excluding liqueurs, gin, geneva, g rape wine or grape marc (important: excluding alcohol duty))
Prodcom 11011070 - Pure alcohols (important: excluding alcohol duty)
Prodcom 11011080 - Spirits, liqueurs and other spirituous beverages (excluding spirits distilled from grape wine, grape marc or fruit/whisky, r um, tafia, gin and geneva, spirits distilled from fruit)

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023