Hong Kong SAR, China - Cider, Perry, Mead And Other Fermented Beverages - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cider, Perry and Mead in Hong Kong SAR - 2023
Contents:
- Price for Cider, Perry and Mead in Hong Kong SAR (CIF) - 2023
- Price for Cider, Perry and Mead in Hong Kong SAR (FOB) - 2023
- Imports of Cider, Perry and Mead in Hong Kong SAR
- Exports of Cider, Perry and Mead in Hong Kong SAR
Price for Cider, Perry and Mead in Hong Kong SAR (CIF) - 2023
In September 2023, the average cider, perry and mead import price amounted to $5.6 per litre, rising by 31% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The import price peaked at $5.8 per litre in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($9.1 per litre), while the price for Malaysia ($822 per thousand litres) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Australia (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cider, Perry and Mead in Hong Kong SAR (FOB) - 2023
In September 2023, the average cider, perry and mead export price amounted to $5.8 per litre, reducing by -61.3% against the previous month. Over the period under review, the export price continues to indicate a deep reduction. The growth pace was the most rapid in April 2023 an increase of 58% month-to-month. The export price peaked at $22.3 per litre in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($12.7 per litre), while the average price for exports to Taiwan (Chinese) ($3.1 per litre) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+0.0%), while the prices for the other major destinations experienced a decline.
Imports of Cider, Perry and Mead in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in supplies from abroad of cider, perry, mead and other fermented beverages, when their volume decreased by -12.9% to 12M litres. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 55%. Over the period under review, imports reached the maximum at 14M litres in 2021, and then contracted in the following year.
In value terms, cider, perry and mead imports contracted notably to $70M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 64%. Over the period under review, imports attained the maximum at $102M in 2021, and then reduced sharply in the following year.
| Import of Cider, Perry and Mead in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 43.1 | 74.2 | 85.1 | 50.7 | 5.6% |
| China | 6.2 | 7.3 | 9.5 | 12.3 | 25.7% |
| South Korea | 1.9 | 3.6 | 4.2 | 4.1 | 29.2% |
| Australia | 0.4 | 0.5 | 0.8 | 0.5 | 7.7% |
| Malaysia | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Others | 1.9 | 2.2 | 2.1 | 1.7 | -3.6% |
| Total | 53.7 | 87.8 | 102 | 69.7 | 9.1% |
Top Suppliers of Cider, Perry and Mead to Hong Kong SAR in 2022:
- Japan (5.3M litres)
- China (3.5M litres)
- South Korea (2.3M litres)
- Malaysia (0.4M litres)
- Australia (0.3M litres)
Exports of Cider, Perry and Mead in Hong Kong SAR
In 2022, shipments abroad of cider, perry, mead and other fermented beverages decreased by -72.2% to 785K litres for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 137% against the previous year. As a result, the exports attained the peak of 2.8M litres, and then dropped remarkably in the following year.
In value terms, cider, perry and mead exports declined significantly to $16M in 2022. In general, exports, however, showed buoyant growth. The growth pace was the most rapid in 2020 when exports increased by 70% against the previous year. Over the period under review, the exports reached the peak figure at $29M in 2021, and then declined dramatically in the following year.
| Export of Cider, Perry and Mead in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 2.8 | 2.9 | 7.5 | 8.7 | 45.9% |
| China | 7.1 | 14.2 | 20.5 | 6.0 | -5.5% |
| Russia | N/A | N/A | 0.3 | 1.2 | 300.0% |
| Others | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Total | 10.1 | 17.1 | 28.6 | 16.2 | 17.1% |
Top Export Markets for Cider, Perry and Mead from Hong Kong SAR in 2022:
- Macao SAR (418.9K litres)
- China (308.7K litres)
- Russia (44.5K litres)
This report provides an in-depth analysis of the market for cider, perry and mead 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 11031000 - Fermented beverages and mixtures thereof (including with non-alcoholic beverages, cider, perry and mead, excluding malt beer, wine of grapes flavoured with plants or aromatic substances)
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 market for cider, perry and mead in Hong Kong SAR, China.
1771
This report provides an in-depth analysis of the global market for cider, perry and mead.
377
This report provides an in-depth analysis of the market for cider, perry and mead in Hong Kong SAR, China.
1771
This report provides an in-depth analysis of the global market for cider, perry and mead.
732
South Africa has overtaken South Korea as the world's largest exporters of cider, perry, mead and other fermented beverages.
989
In value terms, fermented beverages imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% ...
648
In value terms, fermented beverages exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% ov...
732
South Africa has overtaken South Korea as the world's largest exporters of cider, perry, mead and other fermented beverages.
989
In value terms, fermented beverages imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% ...
648
In value terms, fermented beverages exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% ov...
