United Arab Emirates: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in the United Arab Emirates

After two years of growth, the wine of fresh grapes market in the United Arab Emirates decreased by X% to $X in 2023. Over the period under review, the total consumption indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from the United Arab Emirates

Wine of fresh grapes exports from the United Arab Emirates dropped rapidly to X litres in 2023, falling by X% on the previous year. In general, exports saw a pronounced decrease. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X litres in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, wine of fresh grapes exports surged to $X in 2023. Overall, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

Tanzania (X litres), Switzerland (X litres) and Malaysia (X litres) were the main destinations of wine of fresh grapes exports from the United Arab Emirates, with a combined X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Switzerland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) emerged as the key foreign market for wine of fresh grapes (except sparkling wine) exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Switzerland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and the UK (X% per year).

Export Prices by Country

The average wine of fresh grapes export price stood at $X per litre in 2023, with an increase of X% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into the United Arab Emirates

In 2023, after two years of growth, there was significant decline in supplies from abroad of wine of fresh grapes (except sparkling wine), when their volume decreased by X% to X litres. Over the period under review, total imports indicated a perceptible increase from 2012 to 2023: its volume 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 2023 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of X litres, and then declined in the following year.

In value terms, wine of fresh grapes imports declined to $X in 2023. Overall, total imports indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then reduced in the following year.

Imports by Country

South Africa (X litres), Australia (X litres) and the United States (X litres) were the main suppliers of wine of fresh grapes imports to the United Arab Emirates, together accounting for X% of total imports.

From 2012 to 2023, the biggest increases were recorded for the United States (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Australia ($X) and the United States ($X) appeared to be the largest wine of fresh grapes suppliers to the United Arab Emirates, together accounting for X% of total imports.

In terms of the main suppliers, the United States, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average wine of fresh grapes import price amounted to $X per litre, which is down by X% against the previous year. Overall, the import price showed a slight setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per litre. From 2014 to 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was New Zealand ($X per litre), while the price for South Africa ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform