Central Asia: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Central Asia

In 2023, the Central Asian spirits and liqueurs market increased by X% to $X, rising for the eighth consecutive year after two years of decline. Over the period under review, consumption continues to indicate significant growth. Over the period under review, the market attained the maximum level in 2023 and is expected to retain growth in the near future.

Spirits And Liqueurs Production in Central Asia

In value terms, spirits and liqueurs production surged to $X in 2023 estimated in export price. In general, production showed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked in 2023 and is likely to see gradual growth in years to come.

Spirits And Liqueurs Exports

Exports in Central Asia

After three years of growth, overseas shipments of spirits, liqueurs and other spirituous beverages decreased by X% to X litres in 2023. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked at X litres in 2022, and then fell markedly in the following year.

In value terms, spirits and liqueurs exports reduced markedly to $X in 2023. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by X%. The level of export peaked at $X in 2022, and then reduced rapidly in the following year.

Exports by Country

In 2023, Kazakhstan (X litres) was the major exporter of spirits, liqueurs and other spirituous beverages, mixing up X% of total exports. It was distantly followed by Kyrgyzstan (X litres), making up a X% share of total exports. Mongolia (X litres) took a little share of total exports.

Kazakhstan was also the fastest-growing in terms of the spirits, liqueurs and other spirituous beverages exports, with a CAGR of X% from 2012 to 2023. At the same time, Kyrgyzstan (X%) and Mongolia (X%) displayed positive paces of growth. While the share of Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Kyrgyzstan (X p.p.) and Mongolia (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest spirits and liqueurs supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Kazakhstan stood at X%. In the other countries, the average annual rates were as follows: Kyrgyzstan (X% per year) and Mongolia (X% per year).

Export Prices by Country

In 2023, the export price in Central Asia amounted to $X per litre, surging by X% against the previous year. Over the period under review, the export price enjoyed a tangible increase. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per litre. From 2018 to 2023, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Mongolia ($X per litre), while Kyrgyzstan ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the export price figures.

Spirits And Liqueurs Imports

Imports in Central Asia

After three years of growth, purchases abroad of spirits, liqueurs and other spirituous beverages decreased by X% to X litres in 2023. In general, imports, however, continue to indicate a measured increase. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The volume of import peaked at X litres in 2022, and then contracted in the following year.

In value terms, spirits and liqueurs imports rose rapidly to $X in 2023. Over the period under review, imports, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of import peaked in 2023 and is likely to see gradual growth in the near future.

Imports by Country

Kazakhstan dominates imports structure, amounting to X litres, which was approx. X% of total imports in 2023. It was distantly followed by Kyrgyzstan (X litres), mixing up a X% share of total imports. Mongolia (X litres), Turkmenistan (X litres), Uzbekistan (X litres) and Tajikistan (X litres) took a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to spirits and liqueurs imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Turkmenistan (X%), Mongolia (X%) and Tajikistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. While the share of Kazakhstan (X p.p.), Uzbekistan (X p.p.), Turkmenistan (X p.p.) and Mongolia (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Kyrgyzstan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported spirits, liqueurs and other spirituous beverages in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Mongolia ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Kazakhstan stood at X%. In the other countries, the average annual rates were as follows: Mongolia (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per litre in 2023, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Uzbekistan ($X per litre), while Turkmenistan ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform