CIS: Gin And Geneva Market 2024

Gin And Geneva Market Size in CIS

The CIS gin and geneva market declined to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, recorded a notable expansion. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Gin And Geneva Production in CIS

In value terms, gin and geneva production fell to $X in 2022 estimated in export price. In general, production, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Gin And Geneva Exports

Exports in CIS

In 2022, after seven years of growth, there was significant decline in shipments abroad of gin and geneva, when their volume decreased by X% to X litres. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X litres, and then reduced remarkably in the following year.

In value terms, gin and geneva exports dropped sharply to $X in 2022. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then declined significantly in the following year.

Exports by Country

In 2022, Russia (X litres) represented the major exporter of gin and geneva, making up X% of total exports. Belarus (X litres) ranks second in terms of the total exports with a X% share, followed by Armenia (X%). Moldova (X litres) held a minor share of total exports.

Russia was also the fastest-growing in terms of the gin and geneva exports, with a CAGR of X% from 2012 to 2022. At the same time, Belarus (X%) and Armenia (X%) displayed positive paces of growth. Moldova experienced a relatively flat trend pattern. While the share of Armenia (X p.p.), Russia (X p.p.) and Moldova (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest gin and geneva supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports. It was followed by Moldova, with a X% share.

In Russia, gin and geneva exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Moldova (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per litre in 2022, picking up by X% against the previous year. Overall, the export price, however, showed a abrupt decrease. Over the period under review, the export prices attained the maximum at $X per litre in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per litre), while Armenia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (X%), while the other leaders experienced a decline in the export price figures.

Gin And Geneva Imports

Imports in CIS

In 2022, supplies from abroad of gin and geneva decreased by X% to X litres, falling for the second consecutive year after five years of growth. Over the period under review, imports, however, continue to indicate a temperate expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X litres in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, gin and geneva imports dropped modestly to $X in 2022. Overall, imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X litres) was the main importer of gin and geneva, mixing up X% of total imports. Kazakhstan (X litres) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Belarus (X%). Armenia (X litres), Moldova (X litres), Kyrgyzstan (X litres) and Azerbaijan (X litres) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of gin and geneva. At the same time, Armenia (X%), Azerbaijan (X%), Kazakhstan (X%), Kyrgyzstan (X%), Belarus (X%) and Moldova (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. While the share of Kazakhstan (X p.p.), Armenia (X p.p.), Belarus (X p.p.) and Kyrgyzstan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported gin and geneva in the CIS, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

In Russia, gin and geneva imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per litre in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, 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 2022, amid the top importers, the country with the highest price was Belarus ($X per litre), while Kazakhstan ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Armenia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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