Asia-Pacific: Beer Market 2024

Beer Market Size in Asia-Pacific

The Asia-Pacific beer market contracted modestly to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Beer Production in Asia-Pacific

In value terms, beer production declined slightly to $X in 2022 estimated in export price. In general, production recorded a slight downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Beer Exports

Exports in Asia-Pacific

In 2022, overseas shipments of beer increased by X% to X litres, rising for the second consecutive year after three years of decline. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X litres in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, beer exports totaled $X in 2022. In general, exports, however, saw a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, China (X litres) was the key exporter of beer, mixing up X% of total exports. Thailand (X litres) ranks second in terms of the total exports with an X% share, followed by Vietnam (X%), South Korea (X%), Japan (X%) and Singapore (X%). Malaysia (X litres) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to beer exports from China stood at X%. At the same time, Japan (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. South Korea experienced a relatively flat trend pattern. By contrast, Singapore (X%), Malaysia (X%) and Thailand (X%) illustrated a downward trend over the same period. China (X p.p.), Japan (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia, Singapore and Thailand saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest beer supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Singapore, with an X% share.

In China, beer exports increased 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: Vietnam (X% per year) and Singapore (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per litre in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per litre. From 2014 to 2022, the export prices remained at a somewhat lower figure.

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 Singapore ($X per litre), while China ($X per litre) was amongst the lowest.

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

Beer Imports

Imports in Asia-Pacific

In 2022, supplies from abroad of beer decreased by X% to X litres, falling for the fourth consecutive year after seven years of growth. Total imports indicated a prominent expansion from 2012 to 2022: its volume 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, imports decreased by X% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of X%. The volume of import peaked at X litres in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, beer imports declined to $X in 2022. Total imports indicated tangible growth 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, imports decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X litres) was the largest importer of beer, making up X% of total imports. Australia (X litres) held the second position in the ranking, followed by Taiwan (Chinese) (X litres), South Korea (X litres), Hong Kong SAR (X litres) and Singapore (X litres). All these countries together held near X% share of total imports. Japan (X litres) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to beer imports into China stood at X%. At the same time, Australia (X%), South Korea (X%), Taiwan (Chinese) (X%) and Japan (X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Hong Kong SAR experienced a relatively flat trend pattern. By contrast, Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Australia and South Korea increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported beer in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual growth rate of value in China totaled X%. In the other countries, the average annual rates were as follows: Australia (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per litre, leveling off at the previous year. In general, the import price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per litre. From 2014 to 2022, the import prices remained at a lower figure.

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 Japan ($X per litre), while Hong Kong SAR ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :