GCC - Vodka - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGCC: Market for Spirits, Liqueurs And Other Spirituous Beverages 2024
Market Size for Spirits, Liqueurs And Other Spirituous Beverages in GCC
In 2023, after two years of growth, there was decline in the GCC market for spirits, liqueurs and other spirituous beverages, when its value decreased by X% to $X. Over the period under review, consumption, however, enjoyed prominent growth. The level of consumption peaked at $X in 2022, and then contracted in the following year.
Production of Spirits, Liqueurs And Other Spirituous Beverages in GCC
In value terms, production of spirits, liqueurs and other spirituous beverages amounted to $X in 2023 estimated in export price. Over the period under review, production saw prominent growth. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.
Exports of Spirits, Liqueurs And Other Spirituous Beverages
Exports in GCC
In 2023, shipments abroad of spirits, liqueurs and other spirituous beverages decreased by X% to X litres for the first time since 2020, thus ending a two-year rising trend. Overall, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at X litres in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
In value terms, exports of spirits, liqueurs and other spirituous beverages fell significantly to $X in 2023. Over the period under review, exports showed a mild descent. The growth pace was the most rapid in 2022 when exports increased by X%. As a result, the exports attained the peak of $X, and then reduced remarkably in the following year.
Exports by Country
The United Arab Emirates represented the major exporter of spirits, liqueurs and other spirituous beverages in GCC, with the volume of exports amounting to X litres, which was near X% of total exports in 2023. Bahrain (X litres) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Saudi Arabia (X%).
Exports from the United Arab Emirates decreased at an average annual rate of X% from 2012 to 2023. At the same time, Bahrain (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2023. While the share of Bahrain (X p.p.) and Saudi Arabia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.
In value terms, the United Arab Emirates ($X) remains the largest spirits, liqueurs and other spirituous beverages supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Bahrain ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value in the United Arab Emirates stood at X%. In the other countries, the average annual rates were as follows: Bahrain (X% per year) and Saudi Arabia (X% per year).
Export Prices by Country
In 2023, the export price in GCC amounted to $X per litre, with an increase of X% against the previous year. In general, the export price recorded a temperate expansion. The pace of growth appeared the most rapid in 2022 an increase of X%. Over the period under review, the export prices hit record highs in 2023 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Bahrain ($X per litre), while Saudi Arabia ($X per litre) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bahrain (X%), while the other leaders experienced mixed trends in the export price figures.
Imports of Spirits, Liqueurs And Other Spirituous Beverages
Imports in GCC
In 2023, after two years of growth, there was significant decline in supplies from abroad of spirits, liqueurs and other spirituous beverages, when their volume decreased by X% to X litres. Total imports indicated a moderate expansion 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 2013 indices. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of X litres, and then shrank rapidly in the following year.
In value terms, imports of spirits, liqueurs and other spirituous beverages dropped rapidly to $X in 2023. Total imports indicated a mild increase 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 pace of growth was the most pronounced in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped sharply in the following year.
Imports by Country
The United Arab Emirates prevails in beverages structure, accounting for X litres, which was near X% of total imports in 2023. Bahrain (X litres) held the second position in the ranking, followed by Oman (X litres). All these countries together held approx. X% share of total imports. Qatar (X litres) held a minor share of total imports.
From 2012 to 2023, average annual rates of growth with regard to spirits, liqueurs and other spirituous beverages imports into the United Arab Emirates stood at X%. At the same time, Oman (X%) and Bahrain (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2023. By contrast, Qatar (X%) illustrated a downward trend over the same period. While the share of Oman (X p.p.) and the United Arab Emirates (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Qatar (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United Arab Emirates ($X) constitutes the largest market for imported spirits, liqueurs and other spirituous beverages in GCC, comprising X% of total imports. The second position in the ranking was held by Bahrain ($X), with a X% share of total imports. It was followed by Oman, with a X% share.
From 2012 to 2023, the average annual growth rate of value in the United Arab Emirates stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Bahrain (X% per year) and Oman (X% per year).
Import Prices by Country
In 2023, the import price in GCC amounted to $X per litre, with a decrease of X% against the previous year. In general, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per litre. From 2014 to 2023, the import prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per litre), while Oman ($X per litre) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages in GCC. 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 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in GCC, split by region and country
- Trade (exports and imports) in GCC
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bahrain
- Kuwait
- Oman
- Qatar
- Saudi Arabia
- United Arab Emirates
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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