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Ethiopia: Brandy Market Analysis, Size, Trends, Consumption, Opportunities, Challenges and Forecast
The Ethiopian Brandy Market Report Description
This report presents a comprehensive overview of the Ethiopian brandy market, the impact of COVID-19 on it, and a forecast for the market development in the medium term. The report provides a strategic analysis of the brandy market in Ethiopia and describes the main market participants, growth and demand drivers, challenges, and all other factors, influencing the development of the market.
You will receive the report within five working days after order confirmation. Contact us to learn if a shorter delivery time would be possible.
State of the Demographics and Economy of Africa
This section of the report presents you with historical and forecast data about key macroeconomic indicators of the demographics and economy in Africa.
- What are the demographic characteristics (GDP, inflation, unemployment, government debt, etc.) of Africa?
- What are the economic characteristics (population, growth rate, life expectancy, age and gender, etc.) of Africa?
Analysis of the Brandy Market in Ethiopia
The market analysis section provides an overview of the market size and dynamics in volume and value terms for the last five years. It answers the following questions:
- What is the size of the brandy market in Ethiopia?
- How has the brandy market in Ethiopia performed in volume and value terms for the last five years?
- How is the market structured?
- What are the major trends affecting the market?
- Which are the major companies on the market?
- How intensive is the competitive landscape?
- What are the drivers and challenges affecting the market development?
Brandy Prices in Ethiopia
The price section of the report answers the following questions:
- How is the value chain of the market formed?
- What is the structure of price formation?
- What are the retail prices of brandy in Ethiopia
Foreign Trade Operations of Brandy in Ethiopia
The foreign trade operations section answers the following questions:
- What is the trade balance in volume and value terms?
- Does Ethiopia import more brandy than it exports?
- How has the trade balance changed over the last five years?
Imports of Brandy to Ethiopia
The import section of the report answers the following questions:
- How has the volume and value of imports changed over the past five years?
- Which are the major countries that import brandy to Ethiopia?
- What is the average price of the brandy imported to Ethiopia?
Exports of Brandy from Ethiopia
The export section of the report answers the following questions:
- How has the volume and value of exports changed over the past five years?
- Which are the main recipient countries of the Ethiopian brandy exports?
- What is the average price of the brandy exported from Ethiopia?
Consumption of Brandy in Ethiopia
The consumption section of the report answers the following questions:
- What is the per capita consumption volume and value? How has it changed over the past five years?
Forecast
The final section of the report presents a forecast for the development of the market based on three scenarios - base, pessimistic, and optimistic. The forecast section answers:
- How will the brandy market in Ethiopia look like over the next five years in both volume and value terms for each possible scenario?
Short Methodology
This research report has been prepared with WMStrategy’s research methodology, which includes a blend of qualitative and quantitative data. The information comes from official sources and includes insights from local market experts (representatives of the main market participants), gathered by semi-structured interviews.
For this particular report, more than 10 interviews have been conducted with market experts from the leading companies (producers, distributors, retailers, suppliers, etc.). The full list of interviewed experts and a detailed methodology are available upon request.
Customization
The report will be updated as of the current month of purchase, which is why it will be dispatched within five working days after order confirmation. If the report is missing data points you need, it can be amended to fit your specific requirements and satisfy your individual objectives and information needs. Feel free to contact us for more information!
Report Benefits
- Discover how the market performed in the past (in the last 5 years) and how it will perform in the future (in the next 6 years);
- Track and identify key market trends and insights on key drivers behind recent market changes;
- Strategically assess the competitive position of the main market players;
- Evaluate how diversified the market is in terms of competitive intensity, fragmentation, and environment in order to understand competitive threats;
- Assess growth potential, opportunities, demand drivers, and challenges on the market;
- Quickly and cost–effectively receive a complete strategic analysis of the market;
- Improve your pitches and presentations by using verified market data and expert insights;
- Make important strategic decisions safely and with confidence;
- Receive professional expertise on the market and everything important connected with its development;
- Empower your marketing, branding, strategy, product and business development, consumption, and supply functions with valuable market insights;
- Build your investment strategy by assessing market attractiveness, country attractiveness, or company attractiveness;
- Evaluate the key macroeconomic indicators to get insight into the general trends within the economy and demographics;
- Acquire data your competitors might already have and be acting upon.
Report Users
This market research report is ideal for people who want to gain a comprehensive understanding of the Ethiopian brandy market. Most often these are professionals actively working in the market as:
- C-suite executives;
- Directors;
- Market strategists;
- Marketing professionals;
- Business development professionals;
- Product developers;
- Product marketers and strategists;
- Product managers;
- Project managers;
- Suppliers;
- Traders.
This report can also bring value to professionals, not actively involved in the market, such as:
- Management consultants;
- Investment managers;
- Financial professionals;
- Bank managers;
- M&A managers;
- Auditors.
TABLE OF CONTENTS
INTRODUCTION
- Report description
- Research methodology
EXECUTIVE SUMMARY
CHARACTERISTICS OF BRANDY
CHARACTERISTICS OF THE RAW MATERIAL BASE
STATE OF THE DEMOGRAPHICS AND ECONOMY OF AFRICA
- Characteristics of the demographics of Africa in 2018-2022
- Characteristics of the economy of Africa in 2018-2022
- Forecast for the development of the economy of Africa in 2023-2025
BRANDY MARKET IN ETHIOPIA
- Volume, value, and dynamics of the brandy market in Ethiopia in 2018-2022
- Key recent trends on the brandy market in Ethiopia
- Competitive landscape of the market
- Key drivers and restraints for the market development in the medium term
PRICES OF BRANDY IN ETHIOPIA
- Value chain analysis
- Structure of price formation
- Characteristics of the retail prices of brandy in Ethiopia in 2018-2022
FOREIGN TRADE OPERATIONS OF BRANDY IN ETHIOPIA
- Foreign trade operations of brandy in Ethiopia in 2018-2022
IMPORTS OF BRANDY TO ETHIOPIA
- Volume, value and dynamics of the imports of brandy to Ethiopia in 2018-2022
- Main countries importing brandy to Ethiopia
- Average prices of the brandy imported to Ethiopia
EXPORTS OF BRANDY FROM ETHIOPIA
- Volume, value, and dynamics of the Ethiopian exports of brandy in 2018-2022
- Main countries that receive brandy exports from Ethiopia
- Average prices of the brandy exported from Ethiopia
CONSUMPTION OF BRANDY IN ETHIOPIA
- Volume, value, and dynamics of the per capita consumption of brandy in Ethiopia in 2018-2022
FORECAST FOR THE DEVELOPMENT OF THE BRANDY MARKET IN ETHIOPIA IN 2023-2028
- Factors influencing the development of the brandy market in Ethiopia in the medium term
- Forecast for the market development in the medium term under three possible scenarios
LIST OF TABLES
The List of Tables is preliminary. Feel free to contact us to inquire about the full list of tables.
Executive Summary
- Key indicators on the brandy market in Ethiopia in 2018-2022
State of the Economy of Africa
- Key indicators of the economy of Africa in 2018-2022
- Forecast for the economy of Africa for 2023-2025
Brandy Market in Ethiopia
- Volume and dynamics of the brandy market in Ethiopia in 2018-2022
- Value and dynamics of the brandy market in Ethiopia in 2018-2022
Prices of Brandy in Ethiopia
- Value chain analysis of the brandy market in Ethiopia
- Cost breakdown of the price formation of brandy in Ethiopia, in %
- Average retail prices of brandy in Ethiopia in 2018-2022
Foreign Trade Operations of Brandy in Ethiopia
- Trade balance of the brandy foreign trade in Ethiopia in 2018-2022, in volume terms
- Trade balance of the brandy foreign trade in Ethiopia in 2018-2022, in value terms
Imports of Brandy to Ethiopia
- Volume and dynamics of the imports of brandy to Ethiopia in 2018-2022
- Value and dynamics of the imports of brandy to Ethiopia in 2018-2022
- Main countries importing brandy to Ethiopia, in value terms
- Average prices of the brandy imported to Ethiopia in 2018-2022
Exports of Brandy from Ethiopia
- Volume and dynamics of the Ethiopian exports of brandy in 2018-2022
- Value and dynamics of the Ethiopian exports of brandy in 2018-2022
- Recipient countries of the Ethiopian exports of brandy, in value terms
- Average prices of the brandy exported from Ethiopia in 2018-2022
Consumption of Brandy in Ethiopia
- Volume and dynamics of the per capita consumption of brandy in Ethiopia
- Value and dynamics of the per capita consumption of brandy in Ethiopia
Forecast for the Development of the Brandy Market in Ethiopia
- Base forecast for the development of the brandy market in Ethiopia in 2023-2028, in volume and value terms
- Pessimistic forecast for the development of the brandy market in Ethiopia in 2023-2028, in volume and value terms
- Optimistic forecast for the development of the brandy market in Ethiopia in 2023-2028, in volume and value terms
LIST OF FIGURES
The list of figures is preliminary. Feel free to contact us to inquire about the full list of figures.
Brandy Market in Ethiopia
- Volume and dynamics of the brandy market in Ethiopia in 2018-2022
- Value and dynamics of the brandy market in Ethiopia in 2018-2022
Prices of Brandy in Ethiopia
- Value chain analysis of the brandy market in Ethiopia
- Structure of the brandy price formation in Ethiopia, in %
- Average retail prices of brandy in Ethiopia in 2018-2022
Foreign Trade Operations of Brandy in Ethiopia
- Trade balance of the brandy foreign trade in Ethiopia in 2018-2022, in volume terms
- Trade balance of the brandy foreign trade in Ethiopia in 2018-2022, in value terms
Imports of Brandy to Ethiopia
- Volume and dynamics of the imports of brandy to Ethiopia in 2018-2022
- Value and dynamics of the imports of brandy to Ethiopia in 2018-2022
- Main countries importing brandy to Ethiopia, in value terms
- Average prices of the brandy imported to Ethiopia in 2018-2022
Exports of Brandy from Ethiopia
- Volume and dynamics of the Ethiopian exports of brandy in 2018-2022
- Value and dynamics of the Ethiopian exports of brandy in 2018-2022
- Recipient countries of the Ethiopian exports of brandy, in value terms
- Average prices of the brandy exported from Ethiopia in 2018-2022
Consumption of Brandy in Ethiopia
- Volume and dynamics of the per capita consumption of brandy in Ethiopia
- Value and dynamics of the per capita consumption of brandy in Ethiopia
Forecast for the Development of the Brandy Market in Ethiopia
- Base forecast for the development of the brandy market in Ethiopia in 2023-2028, in volume and value terms
- Pessimistic forecast for the development of the brandy market in Ethiopia in 2023-2028, in volume and value terms
- Optimistic forecast for the development of the brandy market in Ethiopia in 2023-2028, in volume and value terms
The average consumption per capita in value terms reached 0.27 USD per capita (in retail prices) in 2014. In the next five years, it grew at a CAGR of 12.99% per annum. In the medium term (by 2024), the indicator is forecast to slow down its growth and increase at a CAGR of 5.40% per annum.
Recently, the brandy category has witnessed an increase in sales, despite being relatively flat during the last few years. According to industry experts, customers, as well as bartenders are curious and keen to explore brown sprits beyond whiskey. As a result, the interest in brandy today is growing, prompted by the rise of cocktail culture and its popularity as after-dinner drink. When it comes to premiumization, cognac has gone through a resurgence, while brandy has been left lagging behind it, partially due to the fact that most of the consumers are still unaware that cognac and brandy are the same spirit-type. However, owing to the curiosity and interest in deepening their knowledge, consumers now better understand and appreciate the brandy as a whole. In addition, the emergence of the local craft brandies in the USA is further encouraging the premiumization.
Regionally, the cognac market in North America, Asia and Russia saw a strong performance in the last few years, while in the UK and other European countries it showed slower growth. Another recent development on the brandy market is the sale of one of the most popular brands - Paul Masson by Constellation in 2019. Similarly, in 2017, the wine-maker Gallo finalized the acquisition of Germain-Robin, a luxury brandy producer, thus entering the higher priced brandy segment.
Technical data
Product Type | PDF report |
Page Count | 80+ |
Release Date | July 20, 2023 |
Countries covered | Ethiopia |
Products mentioned | Brandy, Fruit Brandy |