Middle East: Grape Must Market 2024

Grape Must Market Size in the Middle East

The Middle Eastern grape must market was estimated at $X in 2022, approximately mirroring the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Grape Must Production in the Middle East

In value terms, grape must production reached $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Grape Must Exports

Exports in the Middle East

Grape must exports shrank remarkably to X litres in 2022, declining by X% compared with 2021 figures. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The volume of export peaked at X litres in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, grape must exports declined remarkably to $X in 2022. Over the period under review, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Israel (X litres) represented the largest exporter of grape must, generating X% of total exports. It was distantly followed by the United Arab Emirates (X litres), mixing up a X% share of total exports. Saudi Arabia (X litres) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to grape must exports from Israel stood at X%. At the same time, Saudi Arabia (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. The United Arab Emirates (X p.p.) and Saudi Arabia (X p.p.) significantly strengthened its position in terms of the total exports, while Israel saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Israel ($X) remains the largest grape must supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Israel totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per litre, increasing by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per litre in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Grape Must Imports

Imports in the Middle East

After two years of growth, supplies from abroad of grape must decreased by X% to X litres in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports hit record highs at X litres in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, grape must imports surged to $X in 2022. Overall, imports, however, recorded resilient growth. The growth pace was the most rapid in 2015 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, Jordan (X litres) represented the major importer of grape must, comprising X% of total imports. Oman (X litres) took the second position in the ranking, followed by the United Arab Emirates (X litres). All these countries together held near X% share of total imports. The following importers - Kuwait (X litres), Iran (X litres) and Lebanon (X litres) - each accounted for a X% share of total imports.

Jordan was also the fastest-growing in terms of the grape must imports, with a CAGR of X% from 2012 to 2022. At the same time, Kuwait (X%), the United Arab Emirates (X%) and Oman (X%) displayed positive paces of growth. Iran experienced a relatively flat trend pattern. By contrast, Lebanon (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Jordan, Oman, Kuwait and Iran increased by X, X, X and X percentage points, respectively.

In value terms, the United Arab Emirates ($X), Jordan ($X) and Oman ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Jordan, with a CAGR of X%, recorded the highest growth rate of 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 2022, the import price in the Middle East amounted to $X per litre, jumping by X% against the previous year. Overall, the import price, however, continues to indicate a perceptible shrinkage. The level of import peaked at $X per litre in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the United Arab Emirates ($X per litre), while Kuwait ($X per litre) was amongst the lowest.

From 2012 to 2022, 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.

Source: IndexBox Platform