China - Gin And Geneva - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGin and Geneva Price in China - 2023
Contents:
- Gin and Geneva Price in China (CIF) - 2022
- Gin and Geneva Price in China (FOB) - 2022
- Gin and Geneva Imports in China
- Gin and Geneva Exports in China
Gin and Geneva Price in China (CIF) - 2022
In 2022, the average gin and geneva import price amounted to $4.5 per litre, falling by -8.5% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gin and geneva import price increased by +2.2% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of 32%. Over the period under review, average import prices reached the maximum at $4.9 per litre in 2021, and then reduced in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($8.9 per litre), while the price for Ireland ($1.2 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Gin and Geneva Price in China (FOB) - 2022
The average gin and geneva export price stood at $4.3 per litre in 2022, therefore, remained relatively stable against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 an increase of 28%. As a result, the export price reached the peak level of $11 per litre. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($6.5 per litre), while the average price for exports to Ireland ($4.3 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.
Gin and Geneva Imports in China
In 2022, approx. 2.8M litres of gin and geneva were imported into China; approximately reflecting the year before. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 62%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, gin and geneva imports dropped to $13M in 2022. In general, imports posted a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 84%. As a result, imports reached the peak of $14M, and then fell in the following year.
| Import of Gin and Geneva in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 4.9 | 4.9 | 8.2 | 8.0 | 17.8% |
| South Africa | 0.7 | 0.5 | 1.1 | 1.3 | 22.9% |
| Spain | 0.2 | 0.5 | 0.5 | 0.8 | 58.7% |
| Netherlands | N/A | N/A | 0.1 | 0.3 | 200.0% |
| France | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Poland | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Ireland | 0.1 | N/A | 0.2 | 0.2 | 26.0% |
| Others | 1.4 | 1.1 | 3.0 | 1.5 | 2.3% |
| Total | 7.7 | 7.4 | 13.6 | 12.6 | 17.8% |
Top Suppliers of Gin and Geneva to China in 2022:
- United Kingdom (1878.6K litres)
- South Africa (320.9K litres)
- Ireland (182.6K litres)
- Poland (117.9K litres)
- Spain (87.2K litres)
- France (74.2K litres)
- Netherlands (47.3K litres)
Gin and Geneva Exports in China
For the fourth consecutive year, China recorded growth in overseas shipments of gin and geneva, which increased by 24% to 358K litres in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 166%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, gin and geneva exports skyrocketed to $1.5M in 2022. In general, exports posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 148% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.
| Export of Gin and Geneva in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 31.7 | 238 | 485 | 718 | 182.9% |
| United Kingdom | 141 | 357 | 393 | 187 | 9.9% |
| Indonesia | N/A | N/A | 17.5 | 114 | 551.4% |
| Thailand | N/A | N/A | 5.2 | 50.3 | 867.3% |
| Singapore | 22.9 | 4.1 | 48.5 | 46.4 | 26.5% |
| France | N/A | N/A | N/A | 36.2 | 0% |
| Malaysia | N/A | N/A | 49.7 | 30.4 | -38.8% |
| Others | 94.3 | 120 | 258 | 360 | 56.3% |
| Total | 290 | 719 | 1,256 | 1,542 | 74.5% |
Top Export Markets for Gin and Geneva from China in 2022:
- Ireland (166.2K litres)
- United Kingdom (39.5K litres)
- Indonesia (25.8K litres)
- Thailand (9.5K litres)
- Singapore (7.1K litres)
- Malaysia (6.1K litres)
- France (5.9K litres)
This report provides an in-depth analysis of the gin and geneva market in 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:
- Prodcom 11011050 - Gin and geneva (important: excluding alcohol duty)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in 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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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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