SADC: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in SADC

The SADC spirits and liqueurs market rose notably to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Spirits And Liqueurs Production in SADC

In value terms, spirits and liqueurs production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Spirits And Liqueurs Exports

Exports in SADC

In 2022, spirits and liqueurs exports in SADC soared to X litres, growing by X% against 2021 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at X litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, spirits and liqueurs exports amounted to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X litres) was the key exporter of spirits, liqueurs and other spirituous beverages, mixing up X% of total exports. Angola (X litres) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Tanzania (X%), Mauritius (X%) and Swaziland (X%). The following exporters - Democratic Republic of the Congo (X litres) and Zambia (X litres) - together made up X% of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Democratic Republic of the Congo (X%), Swaziland (X%), Mauritius (X%), Tanzania (X%) and Angola (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, Zambia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Angola, Tanzania, Mauritius, Swaziland and Democratic Republic of the Congo increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest spirits and liqueurs supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with a X% share of total exports. It was followed by Angola, with a X% share.

In South Africa, spirits and liqueurs exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritius (X% per year) and Angola (X% per year).

Export Prices by Country

The export price in SADC stood at $X per litre in 2022, declining by X% against the previous year. Over the period under review, the export price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per litre in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per litre), while Zambia ($X per litre) was amongst the lowest.

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

Spirits And Liqueurs Imports

Imports in SADC

In 2022, imports of spirits, liqueurs and other spirituous beverages in SADC soared to X litres, rising by X% against 2021. Over the period under review, imports, however, showed a abrupt contraction. Over the period under review, imports reached the peak figure at X litres in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, spirits and liqueurs imports soared to $X in 2022. In general, imports, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa represented the key importer of spirits, liqueurs and other spirituous beverages in SADC, with the volume of imports reaching X litres, which was near X% of total imports in 2022. Democratic Republic of the Congo (X litres) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Namibia (X%). Tanzania (X litres), Botswana (X litres), Angola (X litres), Zimbabwe (X litres), Mauritius (X litres) and Mozambique (X litres) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported spirits, liqueurs and other spirituous beverages in SADC, comprising X% of total imports. The second position in the ranking was held by Namibia ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with an X% share.

In South Africa, spirits and liqueurs imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Namibia (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per litre, which is down by X% against the previous year. Overall, the import price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per litre in 2021, and then shrank in the following year.

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 Namibia ($X per litre), while Democratic Republic of the Congo ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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