MENA: Market for Spirits, Liqueurs And Other Spirituous Beverages 2024

Market Size for Spirits, Liqueurs And Other Spirituous Beverages in MENA

The MENA's market for spirits, liqueurs and other spirituous beverages dropped to $X in 2023, declining by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Production of Spirits, Liqueurs And Other Spirituous Beverages in MENA

In value terms, production of spirits, liqueurs and other spirituous beverages declined slightly to $X in 2023 estimated in export price. The total production indicated pronounced growth from 2012 to 2023: its value 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, production increased by X% against 2021 indices. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Exports of Spirits, Liqueurs And Other Spirituous Beverages

Exports in MENA

In 2023, after two years of growth, there was significant decline in shipments abroad of spirits, liqueurs and other spirituous beverages, when their volume decreased by X% to X litres. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2022 when exports increased by X%. Over the period under review, the exports of reached the peak figure at X litres in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, exports of spirits, liqueurs and other spirituous beverages rose remarkably to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports of hit record highs in 2023 and are expected to retain growth in the immediate term.

Exports by Country

Turkey represented the major exporting country with an export of about X litres, which finished at X% of total exports. Lebanon (X litres) ranks second in terms of the total exports with a X% share, followed by the United Arab Emirates (X%). The following exporters - Tunisia (X litres), Israel (X litres) and Palestine (X litres) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to spirits, liqueurs and other spirituous beverages exports from Turkey stood at X%. At the same time, Israel (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. By contrast, Tunisia (X%), Lebanon (X%), Palestine (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. Turkey (X p.p.) and Israel (X p.p.) significantly strengthened its position in terms of the total exports, while Palestine, Lebanon and the United Arab Emirates saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest spirits, liqueurs and other spirituous beverages supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Lebanon ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Turkey totaled X%. In the other countries, the average annual rates were as follows: Lebanon (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The export price in MENA stood at $X per litre in 2023, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per litre in 2016; however, from 2017 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tunisia ($X per litre), while the United Arab Emirates ($X per litre) was amongst the lowest.

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

Imports of Spirits, Liqueurs And Other Spirituous Beverages

Imports in MENA

After two years of growth, supplies from abroad of spirits, liqueurs and other spirituous beverages decreased by X% to X litres in 2023. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2022 when imports increased by X%. As a result, imports attained the peak of X litres, and then declined markedly in the following year.

In value terms, imports of spirits, liqueurs and other spirituous beverages dropped slightly to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2022, and then contracted modestly in the following year.

Imports by Country

The United Arab Emirates (X litres), Turkey (X litres), Israel (X litres) and Iraq (X litres) represented roughly X% of total imports in 2023. It was distantly followed by Morocco (X litres), committing a X% share of total imports. The following importers - Lebanon (X litres) and Algeria (X litres) - each resulted at a X% share of total imports.

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

In value terms, the United Arab Emirates ($X), Turkey ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

In terms of the main importing countries, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in MENA stood at $X per litre in 2023, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. The level of import peaked at $X per litre in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per litre), while Iraq ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform