United Arab Emirates - Wine - Market Analysis, Forecast, Size, Trends and Insights
United Arab Emirates: Wine Market Overview 2019
Wine Market Size in the United Arab Emirates
The revenue of the wine market in the United Arab Emirates amounted to $X in 2018, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, wine consumption continues to indicate a resilient expansion. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Wine consumption peaked in 2018 and is expected to retain its growth in the near future.
Exports from the United Arab Emirates
In 2018, approx. X tonnes of wine were exported from the United Arab Emirates; declining by -X% against the previous year. Over the period under review, wine exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. In that year, wine exports attained their peak of X tonnes. From 2014 to 2018, the growth of wine exports failed to regain its momentum.
In value terms, wine exports stood at $X in 2018. Overall, wine exports, however, continue to indicate a slight deduction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. In that year, wine exports reached their peak of $X. From 2014 to 2018, the growth of wine exports failed to regain its momentum.
Free Zones (X tonnes) was the main destination for wine exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, wine exports to Free Zones exceeded the volume sent to the second major destination, Oman (X tonnes), threefold. The third position in this ranking was occupied by Kenya (X tonnes), with a X% share.
From 2007 to 2018, the average annual growth rate of volume to Free Zones amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+X% per year) and Kenya (+X% per year).
In value terms, Free Zones ($X) remains the key foreign market for wine exports from the United Arab Emirates, comprising X% of total wine exports. The second position in the ranking was occupied by Oman ($X), with a X% share of total exports. It was followed by China, Hong Kong SAR, with a X% share.
From 2007 to 2018, the average annual rate of growth in terms of value to Free Zones amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+X% per year) and China, Hong Kong SAR (+X% per year).
In 2018, the average wine export price amounted to $X per tonne, increasing by X% against the previous year. Overall, the wine export price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. Over the period under review, the average export prices for wine attained their maximum at $X per tonne in 2009; however, from 2010 to 2018, export prices failed to regain their momentum.
Prices varied noticeably by the country of destination; the country with the highest price was China, Hong Kong SAR ($X per tonne), while the average price for exports to Malaysia ($X per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo, while the prices for the other major destinations experienced more modest paces of growth.
Imports into the United Arab Emirates
In 2018, approx. X tonnes of wine were imported into the United Arab Emirates; going up by X% against the previous year. In general, wine imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.
In value terms, wine imports amounted to $X in 2018. Overall, wine imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Imports peaked in 2018 and are likely to continue its growth in the immediate term.
In 2018, France (X tonnes) constituted the largest supplier of wine to the United Arab Emirates, with a X% share of total imports. Moreover, wine imports from France exceeded the figures recorded by the second-largest supplier, South Africa (X tonnes), fivefold. The third position in this ranking was occupied by Australia (X tonnes), with a X% share.
From 2007 to 2018, the average annual rate of growth in terms of volume from France totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and Australia (+X% per year).
In value terms, France ($X) constituted the largest supplier of wine to the United Arab Emirates, comprising X% of total wine imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.
From 2007 to 2018, the average annual rate of growth in terms of value from France totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and South Africa (+X% per year).
The average wine import price stood at $X per tonne in 2018, going down by -X% against the previous year. Overall, the wine import price continues to indicate a slight slump. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.
Prices varied noticeably by the country of origin; the country with the highest price was Chile ($X per tonne), while the price for South Africa ($X per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the wine market in the United Arab Emirates. 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 2025.
• United Arab Emirates
• Trade (exports and imports) in the United Arab Emirates
Free Data: Wine - United Arab Emirates