Hong Kong SAR, China - Gin And Geneva - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingGin and Geneva Price in Hong Kong SAR - 2023
Contents:
- Gin and Geneva Price in Hong Kong SAR (CIF) - 2023
- Gin and Geneva Price in Hong Kong SAR (FOB) - 2022
- Gin and Geneva Imports in Hong Kong SAR
- Gin and Geneva Exports in Hong Kong SAR
Gin and Geneva Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average gin and geneva import price amounted to $7.7 per litre, jumping by 89% against the previous month. Over the period under review, import price indicated a temperate increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, gin and geneva import price increased by +88.8% against May 2023 indices. The import price peaked at $8.1 per litre in July 2022; however, from August 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Australia ($41.8 per litre), while the price for the United States ($1.6 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Gin and Geneva Price in Hong Kong SAR (FOB) - 2022
In 2022, the average gin and geneva export price amounted to $15 per litre, growing by 51% against the previous year. Overall, the export price showed a buoyant expansion. The pace of growth was the most pronounced in 2014 an increase of 59%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($20 per litre), while the average price for exports to Singapore ($9.3 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 Taiwan (Chinese) (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Gin and Geneva Imports in Hong Kong SAR
In 2022, approx. 470K litres of gin and geneva were imported into Hong Kong SAR; which is down by -27.7% on the previous year's figure. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. Imports peaked at 742K litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, gin and geneva imports shrank remarkably to $3.2M in 2022. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of 28%. Imports peaked at $4.6M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Gin and Geneva in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,586 | 1,228 | 914 | 600 | -27.7% |
| Netherlands | 306 | 294 | 347 | 539 | 20.8% |
| Italy | 270 | 197 | 380 | 475 | 20.7% |
| Singapore | 1,049 | 350 | 507 | 369 | -29.4% |
| France | 162 | 88.4 | 311 | 184 | 4.3% |
| United States | 109 | 77.4 | 106 | 124 | 4.4% |
| Finland | 111 | 75.0 | 111 | 50.6 | -23.0% |
| Others | 1,048 | 713 | 1,184 | 822 | -7.8% |
| Total | 4,642 | 3,022 | 3,860 | 3,164 | -12.0% |
Top Suppliers of Gin and Geneva to Hong Kong SAR in 2022:
- United Kingdom (122.9K litres)
- Italy (74.2K litres)
- United States (62.4K litres)
- Finland (41.4K litres)
- France (40.5K litres)
- Singapore (39.3K litres)
- Netherlands (30.9K litres)
Gin and Geneva Exports in Hong Kong SAR
In 2022, exports of gin and geneva from Hong Kong SAR fell remarkably to 28K litres, dropping by -61.4% compared with the previous year's figure. Over the period under review, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2021 when exports increased by 132% against the previous year. As a result, the exports attained the peak of 72K litres, and then contracted dramatically in the following year.
In value terms, gin and geneva exports shrank notably to $427K in 2022. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. As a result, the exports attained the peak of $734K, and then reduced dramatically in the following year.
| Export of Gin and Geneva in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 150 | 114 | 393 | 169 | 4.1% |
| Macao SAR | 210 | 194 | 229 | 159 | -8.9% |
| Taiwan (Chinese) | 37.9 | 21.7 | 49.8 | 75.3 | 25.7% |
| Singapore | 125 | 36.3 | 46.2 | 24.4 | -42.0% |
| Thailand | 37.9 | 21.1 | N/A | N/A | -44.3% |
| Others | 31.5 | 32.6 | 15.8 | N/A | -29.2% |
| Total | 591 | 420 | 734 | 427 | -10.3% |
Top Export Markets for Gin and Geneva from Hong Kong SAR in 2022:
- Macao SAR (12.1K litres)
- China (9.1K litres)
- Taiwan (Chinese) (3.9K litres)
- Singapore (2.6K litres)
This report provides an in-depth analysis of the gin and geneva 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:
- Prodcom 11011050 - Gin and geneva (important: excluding alcohol duty)
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.
-
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
-
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
-
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
-
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
-
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
-
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
329
This report provides an in-depth analysis of the gin and geneva market in Hong Kong SAR, China.
362
This report provides an in-depth analysis of the spirits and liqueurs market in Hong Kong SAR, China.
213
This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages in Hong Kong SAR, China.
344
This report provides an in-depth analysis of the grape wine spirits market in Hong Kong SAR, China.
444
This report provides an in-depth analysis of the whisky market in Hong Kong SAR, China.
335
This report provides an in-depth analysis of the rum market in Hong Kong SAR, China.
811
This report provides an in-depth analysis of the global gin and geneva market.
2143
This report provides an in-depth analysis of the global spirits and liqueurs market.
329
This report provides an in-depth analysis of the global market for spirits, liqueurs and other spirituous beverages.
571
This report provides an in-depth analysis of the global grape wine spirits market.
248
Explore the top import markets for spirits and liqueurs based on their import values. Find out key statistics and market insights on the world's leading countries for importing spirits and liqueurs.
1292
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
801
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
166
Explore the top import markets for spirits, liqueurs, and other alcoholic beverages, including key statistics and import values. Discover the demand and trends in countries such as the United States, Germany, United Kingdom, and more. Gain valuable insights for producers and exporters in the global market.
146
Explore the world's best import markets for grape wine spirits with key statistics and insights. Learn about the top countries and their import values. Discover opportunities for wine producers and exporters.
253
This article explores the world's best import markets for whisky, including the United States, France, Singapore, the Netherlands, Germany, Taiwan, China, Japan, Australia, and Spain. It highlights their growing demand for whisky, the popularity of different styles and brands, and the emergence of whisky culture in these countries. The IndexBox market intelligence platform provides valuable data and insights for businesses operating in the whisky market.
469
Explore the top import markets for rum worldwide and discover the cultural preferences, consumer trends, and cocktail cultures that contribute to the popularity of rum in these countries.
248
Explore the top import markets for spirits and liqueurs based on their import values. Find out key statistics and market insights on the world's leading countries for importing spirits and liqueurs.
1292
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
801
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
