Vermouth and other flavoured wine market in Western Asia

Earlier Report Observations

The vermouth and flavoured wine market in Western Asia contracted sharply in 2019, with volume dropping by 36.5% to 5.8 million liters from 9.1 million liters the previous year.

A recovery phase began in 2020, with volume growing by 2.9% to 6.0 million liters. Growth continued at a similar pace in 2021, reaching 6.1 million liters. The market expansion accelerated significantly in 2022, jumping 19.5% to 7.3 million liters, and further increased by 14.6% to 8.4 million liters in 2023.

Production vermouth and other flavoured wine in Western Asia

In kind, 2017-2020, K l

Top producers of vermouth and other flavoured wine, 2017-2020

World map of production of vermouth and other flavoured wine, 2017-2020

In Western Asia, vermouth and other flavoured wine production reached 5 117 thousand litres in 2020, marking a 12.0% increase from 2019. However, looking at the broader 2017-2020 period, production actually declined by 25.7%, with an average annual decrease of 9.4%. The lowest production level was recorded in 2019 at 4 571 thousand litres, while the peak occurred in 2018 with 8 004 thousand litres. The most significant drop happened in 2019, when production fell by 42.9%, whereas the largest growth was observed in 2018 with a 16.3% increase.

Annual dynamics of production in Western Asia in kind, 2017-2020, K l

In value, 2017-2020, K $ US

The value of vermouth and other flavoured wine production in Western Asia stood at 23 869 thousand US dollars in 2020, showing a substantial 33.9% rise compared to the previous year. Over the 2017-2020 timeframe, however, production value decreased by 12%, translating to an average annual decline of 4.2%. The minimum value was recorded in 2019 at 17 821 thousand US dollars, while the maximum was reached in 2018 at 29 416 thousand US dollars. The sharpest decline occurred in 2019 with a 39.4% drop.

Annual dynamics of production in Western Asia in value, 2017-2020, K $ US

Exports vermouth and other flavoured wine from Western Asia

Exports in kind, K l

Export volumes of vermouth and other flavoured wine from Western Asia exhibited notable volatility during this period. In 2020, exports amounted to 470 thousand litres, representing a significant 36.5% decrease from 2019. The highest export level was recorded in 2018 at 836 thousand litres, which was 1.8 times higher than the 2020 figure. The most substantial increase occurred in 2018 with a 73.0% growth.

Annual dynamics of product's exports from Western Asia in kind, 2017-2020, K l

Between 2017 and 2020, Western Asia's vermouth and other flavoured wine exports were distributed across a wide range of markets. The Netherlands accounted for 22.3% of export volumes, while the Democratic Republic of the Congo and Spain each contributed 5.6%. Together, these three countries represented 33.4% of total exports, with numerous other nations holding smaller but meaningful shares.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Western Asia in kind, 2017-2020

Exports in value, K $ US

Western Asia's vermouth and other flavoured wine exports declined for the second consecutive year in 2020, reaching 2 191 thousand US dollars—a 24.0% decrease from the previous year. Despite this recent downturn, exports actually increased by 15% over the entire 2017-2020 period, equivalent to an average annual growth rate of 4.8%. The peak export value was recorded in 2018 at 3 072 thousand US dollars, which saw the largest increase of 61.2%.

Annual dynamics of product's exports from Western Asia in value, 2017-2020, K $ US

The value structure of Western Asia's vermouth and other flavoured wine exports from 2017 to 2020 was notably diversified. The Netherlands led with 26.5% of export value, followed by Spain at 7.1% and Italy at 6.0%. Combined, these three markets accounted for 39.7% of total export value, with no single country dominating the trade flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Western Asia in value, 2017-2020

Imports vermouth and other flavoured wine to Western Asia

Imports in kind, K l

Following two years of growth, Western Asia's imports of vermouth and other flavoured wine declined in 2020 to 1 302 thousand litres—a 33.3% reduction compared to 2019. Over the 2017-2020 period, imports decreased by 23%, corresponding to an average annual decline of 8.3%. The highest import volume was recorded in 2019 at 1 953 thousand litres, while the largest increase occurred in 2018 with 14.8% growth.

Annual dynamics of product's imports to Western Asia in kind, 2017-2020, K l

From 2017 to 2020, Italy dominated Western Asia's vermouth and other flavoured wine imports in volume terms, accounting for 71.3% of total flows. The remaining imports were distributed among various other markets in smaller, fragmented shares.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Western Asia in kind, 2017-2020

Imports in value, K $ US

After two years of increases, Western Asia's imports of vermouth and other flavoured wine declined in value terms in 2020, totaling 4 799 thousand US dollars—a 27.1% decrease from 2019. Over the 2017-2020 period, import value fell by 19.4%, with an average annual decline of 7.0%. The peak import value was recorded in 2019 at 6 581 thousand US dollars, while the largest increase occurred in 2018 with 9.4% growth.

Annual dynamics of product's imports to Western Asia in value, 2017-2020, K $ US

Throughout the 2017-2020 period, Italy maintained a dominant position in Western Asia's vermouth and other flavoured wine imports by value, capturing 74.6% of total flows. All other markets combined accounted for the remaining share.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Western Asia in value, 2017-2020