Republic of Korea - Non-Alcoholic Beverages, Not Containing Milk - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Non-Alcoholic Beverage, Not Containing Milk in South Korea - 2022
Contents:
- Price for Non-Alcoholic Beverage, Not Containing Milk in South Korea (FOB) - 2022
- Price for Non-Alcoholic Beverage, Not Containing Milk in South Korea (CIF) - 2022
- Exports of Non-Alcoholic Beverage, Not Containing Milk in South Korea
- Imports of Non-Alcoholic Beverage, Not Containing Milk in South Korea
Price for Non-Alcoholic Beverage, Not Containing Milk in South Korea (FOB) - 2022
In December 2022, the average export price for non-alcoholic beverages, not containing milk amounted to $1.5 per litre, growing by 10% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 when the average export price increased by 11% against the previous month. Over the period under review, the average export prices attained the maximum in December 2022.
There were significant differences in the average prices for the major foreign markets. In December 2022, the country with the highest price was China ($2.3 per litre), while the average price for exports to Costa Rica ($659 per thousand litres) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Non-Alcoholic Beverage, Not Containing Milk in South Korea (CIF) - 2022
In December 2022, the average import price for non-alcoholic beverages, not containing milk amounted to $1.6 per litre, jumping by 17% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Italy ($3.0 per litre), while the price for Uzbekistan ($701 per thousand litres) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Non-Alcoholic Beverage, Not Containing Milk in South Korea
In 2022, exports of non-alcoholic beverages, not containing milk from South Korea amounted to 377M litres, remaining constant against 2021 figures. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 7.7% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, non-alcoholic beverage, not containing milk exports rose rapidly to $484M in 2022. The total export value increased at an average annual rate of +9.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Non-Alcoholic Beverage, Not Containing Milk in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 86.0 | 98.5 | 146 | 135 | 16.2% |
| United States | 79.4 | 83.0 | 82.2 | 86.9 | 3.1% |
| Vietnam | 39.2 | 40.8 | 44.4 | 68.6 | 20.5% |
| Japan | 13.8 | 15.2 | 16.9 | 23.4 | 19.2% |
| Indonesia | 8.4 | 8.3 | 14.2 | 15.3 | 22.1% |
| Mongolia | 5.8 | 5.9 | 6.3 | 9.8 | 19.1% |
| Australia | 6.7 | 7.2 | 7.3 | 8.9 | 9.9% |
| Philippines | 4.3 | 5.8 | 8.9 | 8.8 | 27.0% |
| Russia | 9.4 | 8.4 | 11.7 | 8.1 | -4.8% |
| Canada | 5.5 | 5.8 | 5.9 | 7.1 | 8.9% |
| Guatemala | 7.8 | 6.1 | 5.6 | 4.9 | -14.4% |
| Slovenia | 3.2 | 3.4 | 4.4 | 4.2 | 9.5% |
| Bulgaria | 4.7 | 4.1 | 3.7 | 2.5 | -19.0% |
| Others | 90.1 | 80.5 | 97.7 | 100 | 3.5% |
| Total | 364 | 373 | 455 | 484 | 10.0% |
Top Export Markets for Non-Alcoholic Beverage, Not Containing Milk from South Korea in 2022:
- United States (97.0M litres)
- China (74.2M litres)
- Vietnam (40.6M litres)
- Japan (16.7M litres)
- Mongolia (10.0M litres)
- Indonesia (9.8M litres)
- Russia (8.0M litres)
- Australia (7.4M litres)
- Canada (6.7M litres)
- Philippines (6.7M litres)
- Guatemala (6.0M litres)
- Slovenia (5.8M litres)
- Bulgaria (4.3M litres)
Imports of Non-Alcoholic Beverage, Not Containing Milk in South Korea
In 2022, non-alcoholic beverage, not containing milk imports into South Korea soared to 69M litres, rising by 23% against 2021 figures. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 +60.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, non-alcoholic beverage, not containing milk imports surged to $97M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +64.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Non-Alcoholic Beverage, Not Containing Milk in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 14.2 | 12.8 | 16.8 | 20.9 | 13.8% |
| United States | 18.4 | 16.9 | 20.2 | 18.4 | 0.0% |
| China | 3.5 | 5.2 | 9.5 | 14.9 | 62.1% |
| Italy | 6.3 | 4.5 | 7.9 | 9.1 | 13.0% |
| Australia | 1.9 | 2.7 | 5.3 | 7.9 | 60.8% |
| Japan | 5.6 | 2.8 | 3.3 | 3.7 | -12.9% |
| Germany | 1.3 | 2.0 | 3.6 | 3.2 | 35.0% |
| Vietnam | 1.2 | 1.2 | 1.2 | 3.1 | 37.2% |
| Netherlands | 0.2 | 1.0 | 3.6 | 3.0 | 146.6% |
| Sweden | 0.3 | 0.8 | 1.0 | 2.2 | 94.3% |
| Taiwan (Chinese) | 1.3 | 1.0 | 1.1 | 1.2 | -2.6% |
| Others | 7.5 | 8.1 | 9.3 | 9.7 | 9.0% |
| Total | 61.5 | 59.1 | 82.7 | 97.4 | 16.6% |
Top Suppliers of Non-Alcoholic Beverage, Not Containing Milk to South Korea in 2022:
- Thailand (19.6M litres)
- China (13.4M litres)
- United States (8.6M litres)
- Australia (5.5M litres)
- Italy (4.6M litres)
- Netherlands (3.0M litres)
- Japan (2.7M litres)
- Vietnam (1.9M litres)
- Germany (1.4M litres)
- Sweden (1.3M litres)
- Taiwan (Chinese) (1.1M litres)
This report provides an in-depth analysis of the market for non-alcoholic beverage, not containing milk in Republic of Korea. 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 11071950 - z Non-alcoholic beverages not containing milk fat (excluding sweetened or unsweetened mineral, aerated or flavoured waters)
- Prodcom 11071970 - Non-alcoholic beverages containing milk fat
- Prodcom 110000Z1 - Non-alcoholic beverages, not containing milk, milk products and fats derived therefrom (excl. water, fruit or vegetable juices)
- Prodcom 11051010 - Non-alcoholic beer and beer containing . 0.5% alcohol
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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
379
This report provides an in-depth analysis of the market for non-alcoholic beverage, not containing milk in Republic of Korea.
895
This report provides an in-depth analysis of the soft drink market in Republic of Korea.
597
This report provides an in-depth analysis of the sugary soft drink market in Republic of Korea.
637
This report provides an in-depth analysis of the global market for non-alcoholic beverage, not containing milk.
4286
This report provides an in-depth analysis of the global soft drink market.
608
This report provides an in-depth analysis of the global sugary soft drink market.
379
This report provides an in-depth analysis of the market for non-alcoholic beverage, not containing milk in Republic of Korea.
895
This report provides an in-depth analysis of the soft drink market in Republic of Korea.
597
This report provides an in-depth analysis of the sugary soft drink market in Republic of Korea.
637
This report provides an in-depth analysis of the global market for non-alcoholic beverage, not containing milk.
220
Discover the top import markets for soft drinks and key statistics on global import values. Explore the opportunities in the soft drink industry.
342
From the shift towards healthier lifestyles to the rise of functional beverages, read on to discover the latest consumer trends shaping the carbonated soft drinks market. We'll also dive into the key findings of the IndexBox market report and provide a list of the top companies and brands in the industry.
867
In value terms, fruit juices imports totaled $X in 2016. Overall, fruit juices imports continue to indicate a relatively flat trend pattern. In that year, global fruit juices imports attained its ma...
808
In value terms, fruit juices exports amounted to $X in 2016. Overall, fruit juices exports continue to indicate a relatively flat trend pattern. In that year, global fruit juices exports reached its...
2719
In 2016, the amount of soft drink imported worldwide totaled X tons, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from ...
928
In 2016, the amount of soft drink imported worldwide totaled X tons, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from ...
220
Discover the top import markets for soft drinks and key statistics on global import values. Explore the opportunities in the soft drink industry.
342
From the shift towards healthier lifestyles to the rise of functional beverages, read on to discover the latest consumer trends shaping the carbonated soft drinks market. We'll also dive into the key findings of the IndexBox market report and provide a list of the top companies and brands in the industry.
867
In value terms, fruit juices imports totaled $X in 2016. Overall, fruit juices imports continue to indicate a relatively flat trend pattern. In that year, global fruit juices imports attained its ma...
808
In value terms, fruit juices exports amounted to $X in 2016. Overall, fruit juices exports continue to indicate a relatively flat trend pattern. In that year, global fruit juices exports reached its...
