Asia: Market for Cider, Perry, Mead And Other Fermented Beverages 2024

Market Size for Cider, Perry, Mead And Other Fermented Beverages in Asia

The Asian cider, perry and mead market was estimated at $X in 2022, growing by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Cider, Perry, Mead And Other Fermented Beverages in Asia

In value terms, cider, perry and mead production rose remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Cider, Perry, Mead And Other Fermented Beverages

Exports in Asia

Cider, perry and mead exports expanded remarkably to X litres in 2022, surging by X% on the year before. In general, exports, however, saw a abrupt shrinkage. Over the period under review, the exports hit record highs at X litres in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, cider, perry and mead exports amounted to $X in 2022. Total exports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

South Korea (X litres) and Japan (X litres) represented roughly X% of total exports in 2022. It was distantly followed by China (X litres), Singapore (X litres) and Armenia (X litres), together mixing up a X% share of total exports. Thailand (X litres) and Vietnam (X litres) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the largest cider, perry and mead supplier in Asia, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

In Japan, cider, perry and mead exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: China (X% per year) and South Korea (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per litre, shrinking by X% against the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, the export price reached the peak level of $X per litre, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per litre), while South Korea ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Cider, Perry, Mead And Other Fermented Beverages

Imports in Asia

In 2022, imports of cider, perry, mead and other fermented beverages in Asia amounted to X litres, with an increase of X% on 2021. Overall, imports, however, recorded a noticeable decline. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs at X litres in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, cider, perry and mead imports reduced to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then declined in the following year.

Imports by Country

Japan was the main importer of cider, perry, mead and other fermented beverages in Asia, with the volume of imports reaching X litres, which was near X% of total imports in 2022. Israel (X litres) took a X% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (X%), China (X%), Hong Kong SAR (X%) and Thailand (X%). Taiwan (Chinese) (X litres) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to cider, perry and mead imports into Japan stood at X%. At the same time, Israel (X%), China (X%), South Korea (X%), Thailand (X%), Taiwan (Chinese) (X%) and Hong Kong SAR (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Israel, South Korea, China, Thailand, Hong Kong SAR and Taiwan (Chinese) increased by X, X, X, X, X and X percentage points, respectively.

In value terms, the largest cider, perry and mead importing markets in Asia were China ($X), Japan ($X) and Hong Kong SAR ($X), with a combined X% share of total imports.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per litre in 2022, with a decrease of X% against the previous year. Overall, the import price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per litre in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per litre), while Israel ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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