Hong Kong SAR, China - Beer - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBeer Price in Hong Kong SAR - 2023
Contents:
- Beer Price in Hong Kong SAR (CIF) - 2023
- Beer Price in Hong Kong SAR (FOB) - 2023
- Beer Imports in Hong Kong SAR
- Beer Exports in Hong Kong SAR
Beer Price in Hong Kong SAR (CIF) - 2023
In August 2023, the average beer import price amounted to $855 per thousand litres, shrinking by -4.8% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 4.7% month-to-month. Over the period under review, average import prices attained the peak figure at $955 per thousand litres in January 2023; however, from February 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Japan ($1.9 per litre), while the price for China ($676 per thousand litres) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Beer Price in Hong Kong SAR (FOB) - 2023
The average beer export price stood at $975 per thousand litres in August 2023, falling by -5.5% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 13% m-o-m. The export price peaked at $1.0 per litre in July 2023, and then dropped in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Macao SAR ($2.0 per litre), while the average price for exports to Lebanon ($627 per thousand litres) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Beer Imports in Hong Kong SAR
Beer imports into Hong Kong SAR shrank modestly to 136M litres in 2022, declining by -3.2% on 2021 figures. Overall, imports recorded a pronounced reduction. The smallest decline of -0.5% was in 2020. Over the period under review, imports reached the peak figure at 147M litres in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, beer imports fell modestly to $115M in 2022. Over the period under review, imports showed a slight curtailment. The smallest decline of -0.1% was in 2021. Over the period under review, imports attained the maximum at $119M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Beer in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 31.8 | 32.0 | 34.8 | 42.6 | 10.2% |
| South Korea | 34.5 | 33.0 | 32.8 | 32.8 | -1.7% |
| Japan | 5.1 | 5.9 | 6.6 | 6.6 | 9.0% |
| Ireland | 3.4 | 4.4 | 4.1 | 5.2 | 15.2% |
| Malaysia | 11.5 | 6.6 | 6.1 | 5.0 | -24.2% |
| Netherlands | 7.2 | 7.3 | 6.1 | 3.8 | -19.2% |
| Vietnam | 2.3 | 8.4 | 6.0 | 3.6 | 16.1% |
| Thailand | 1.4 | 1.5 | 2.2 | 1.9 | 10.7% |
| Belgium | 4.4 | 2.2 | 1.7 | 0.7 | -45.8% |
| Others | 16.8 | 13.6 | 14.6 | 12.7 | -8.9% |
| Total | 119 | 115 | 115 | 115 | -1.1% |
Top Suppliers of Beer to Hong Kong SAR in 2022:
- China (60.8M litres)
- South Korea (38.9M litres)
- Malaysia (8.8M litres)
- Vietnam (4.3M litres)
- Ireland (4.2M litres)
- Japan (3.8M litres)
- Netherlands (3.4M litres)
- Thailand (2.1M litres)
- Belgium (0.6M litres)
Beer Exports in Hong Kong SAR
In 2022, beer exports from Hong Kong SAR expanded rapidly to 35M litres, with an increase of 14% against the previous year. The total export volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, beer exports rose sharply to $33M in 2022. Over the period under review, exports, however, showed a noticeable decline. The exports peaked at $36M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Beer in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 15.4 | 14.5 | 11.7 | 13.0 | -5.5% |
| United Arab Emirates | 3.1 | 1.4 | 4.5 | 8.6 | 40.5% |
| South Korea | 2.8 | 4.1 | 3.8 | 3.3 | 5.6% |
| Taiwan (Chinese) | 1.7 | 1.5 | 1.1 | 1.4 | -6.3% |
| China | 5.3 | 5.9 | 2.1 | 1.1 | -40.8% |
| Singapore | 1.1 | 1.9 | 1.0 | 0.9 | -6.5% |
| Kenya | 0.5 | 0.4 | 0.9 | 0.8 | 17.0% |
| Australia | 1.3 | 0.9 | 0.6 | 0.5 | -27.3% |
| Qatar | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| United States | 1.4 | 1.2 | 0.4 | 0.3 | -40.2% |
| Others | 3.2 | 1.8 | 2.4 | 2.7 | -5.5% |
| Total | 35.9 | 33.7 | 28.8 | 33.1 | -2.7% |
Top Export Markets for Beer from Hong Kong SAR in 2022:
- United Arab Emirates (13.5M litres)
- Macao SAR (6.3M litres)
- South Korea (5.2M litres)
- Taiwan (Chinese) (2.1M litres)
- Kenya (1.4M litres)
- China (1.1M litres)
- Singapore (0.8M litres)
- Qatar (0.6M litres)
- Australia (0.5M litres)
- United States (0.2M litres)
This report provides an in-depth analysis of the beer market in Hong Kong SAR, China. 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 2030.
Product coverage:
- FCL 51 - Beer of Barley
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the beer market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global beer market.
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This report provides an in-depth analysis of the beer market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global beer market.
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In January 2023, the cost of beer per 1,000 litres (CIF, Hong Kong, China) was $955, a 4.1% increase over the previous month.
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Explore the top import markets for beer in the world, including key statistics and insights. Discover the countries with the highest import values for beer, such as the United States, France, and Italy. Dive into the market trends and preferences driving the global beer industry.
603
Explore the best import markets for beer worldwide, including the United States, France, China, Italy, and the United Kingdom. These countries provide immense opportunities for beer producers due to their growing consumer base and diverse beer styles.
410
In January 2023, the cost of beer per 1,000 litres (CIF, Hong Kong, China) was $955, a 4.1% increase over the previous month.
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Global beer imports stood at X tons in 2016, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- however, the t...
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Global beer imports stood at X tons in 2016, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- however, the t...
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Germany is a country with a deep-rooted tradition of producing beer, so its no wonder that it is one of the undisputable leaders in the global beer trade. In 2014, Germany exported X thousand tons of beer totaling X million USD, X% over the p
203
Explore the top import markets for beer in the world, including key statistics and insights. Discover the countries with the highest import values for beer, such as the United States, France, and Italy. Dive into the market trends and preferences driving the global beer industry.
603
Explore the best import markets for beer worldwide, including the United States, France, China, Italy, and the United Kingdom. These countries provide immense opportunities for beer producers due to their growing consumer base and diverse beer styles.
