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South Africa - Spirits, Liqueurs and Other Spirituous Beverages - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouth Africa: Spirits And Liqueurs Market 2024
Spirits And Liqueurs Market Size in South Africa
In 2023, after three years of growth, there was significant decline in the South African spirits and liqueurs market, when its value decreased by X% to $X. Overall, consumption recorded a mild setback. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Spirits and liqueurs consumption peaked at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.
Spirits And Liqueurs Production in South Africa
In value terms, spirits and liqueurs production dropped to $X in 2023 estimated in export price. In general, production showed a slight decrease. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Spirits and liqueurs production peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.
Spirits And Liqueurs Exports
Exports from South Africa
In 2023, overseas shipments 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 recorded a slight shrinkage. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X litres. From 2014 to 2023, the growth of the exports failed to regain momentum.
In value terms, spirits and liqueurs exports fell sharply to $X in 2023. In general, exports continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.
Exports by Country
France (X litres), Namibia (X litres) and Zimbabwe (X litres) were the main destinations of spirits and liqueurs exports from South Africa, together comprising X% of total exports.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Zimbabwe (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, Namibia ($X) remains the key foreign market for spirits, liqueurs and other spirituous beverages exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Botswana ($X), with a X% share of total exports. It was followed by Zimbabwe, with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Namibia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (X% per year) and Zimbabwe (X% per year).
Export Prices by Country
In 2023, the average spirits and liqueurs export price amounted to $X per litre, waning by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X%. The export price peaked at $X per litre in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Namibia ($X per litre), while the average price for exports to Spain ($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 Namibia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Spirits And Liqueurs Imports
Imports into South Africa
In 2023, after two years of growth, there was significant decline in purchases abroad of spirits, liqueurs and other spirituous beverages, when their volume decreased by X% to X litres. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X litres. From 2014 to 2023, the growth of imports failed to regain momentum.
In value terms, spirits and liqueurs imports dropped to $X in 2023. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, the UK (X litres) constituted the largest spirits and liqueurs supplier to South Africa, with a X% share of total imports. Moreover, spirits and liqueurs imports from the UK exceeded the figures recorded by the second-largest supplier, Ireland (X litres), threefold. France (X litres) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual growth rate of volume from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (X% per year) and France (X% per year).
In value terms, France ($X), the UK ($X) and Ireland ($X) were the largest spirits and liqueurs suppliers to South Africa, together comprising X% of total imports.
In terms of the main suppliers, France, with a CAGR of X%, recorded 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
In 2023, the average spirits and liqueurs import price amounted to $X per litre, surging by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked in 2023 and is likely to see steady growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per litre), while the price for Australia ($X per litre) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the spirits and liqueurs market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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