Report Asia - Sparkling Wine - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Asia - Sparkling Wine - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Sparkling Wine Market 2022

Sparkling Wine Market Size in Asia

In 2021, the Asian sparkling wine market increased by X% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, showed a noticeable downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Sparkling Wine Production in Asia

In value terms, sparkling wine production rose remarkably to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt contraction. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Production By Country in Asia

India (X litres) remains the largest sparkling wine producing country in Asia, comprising approx. X% of total volume. Moreover, sparkling wine production in India exceeded the figures recorded by the second-largest producer, Indonesia (X litres), fourfold. Bangladesh (X litres) ranked third in terms of total production with a X% share.

In India, sparkling wine production plunged by an average annual rate of -X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Indonesia (-X% per year) and Bangladesh (-X% per year).

Sparkling Wine Exports

Exports in Asia

In 2021, shipments abroad of sparkling wine increased by X% to X litres, rising for the second year in a row after two years of decline. Total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sparkling wine exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Thailand represented the largest exporting country with an export of around X litres, which amounted to X% of total exports. Singapore (X litres) held the second position in the ranking, followed by Georgia (X litres). All these countries together held near X% share of total exports. The following exporters - India (X litres), Lao People's Democratic Republic (X litres), Armenia (X litres), Hong Kong SAR (X litres), Malaysia (X litres), the United Arab Emirates (X litres), Israel (X litres) and Vietnam (X litres) - together made up X% of total exports.

From 2012 to 2021, average annual rates of growth with regard to sparkling wine exports from Thailand stood at +X%. At the same time, Hong Kong SAR (+X%), Vietnam (+X%), Malaysia (+X%), Israel (+X%), India (+X%), Armenia (+X%), Singapore (+X%) and Lao People's Democratic Republic (+X%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2021. By contrast, Georgia (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. Thailand (+X p.p.), Hong Kong SAR (+X p.p.), Malaysia (+X p.p.) and India (+X p.p.) significantly strengthened its position in terms of the total exports, while Singapore, the United Arab Emirates and Georgia saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sparkling wine supplying countries in Asia were Singapore ($X), Hong Kong SAR ($X) and Thailand ($X), with a combined X% share of total exports.

Hong Kong SAR, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per litre in 2021, with a decrease of -X% against the previous year. Overall, the export price recorded a abrupt setback. The growth pace was the most rapid in 2015 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 2016 to 2021, the the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Hong Kong SAR ($X per litre), while Lao People's Democratic Republic ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+X%), while the other leaders experienced more modest paces of growth.

Sparkling Wine Imports

Imports in Asia

In 2021, approx. X litres of sparkling wine were imported in Asia; increasing by X% against the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X litres in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, sparkling wine imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan (X litres) and Singapore (X litres) represented the major importers of sparkling wine in 2021, reaching near X% and X% of total imports, respectively. China (X litres) took the next position in the ranking, followed by the United Arab Emirates (X litres) and South Korea (X litres). All these countries together held approx. X% share of total imports. The following importers - Hong Kong SAR (X litres) and Israel (X litres) - each finished at a X% share of total imports.

From 2012 to 2021, the biggest increases were in South Korea (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported sparkling wine in Asia, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with a X% share of total imports. It was followed by China, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Japan amounted to +X%. In the other countries, the average annual rates were as follows: Singapore (+X% per year) and China (+X% per year).

Import Prices by Country

In 2021, the import price in Asia amounted to $X per litre, surging by X% against the previous year. Import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sparkling wine import price increased by +X% against 2018 indices. The growth pace was the most rapid in 2017 an increase of X%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($X per litre), while the United Arab Emirates ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sparkling wine in Asia?
+
The country with the largest volume of sparkling wine consumption was India, comprising approx. 46% of total volume. Moreover, sparkling wine consumption in India exceeded the figures recorded by the second-largest consumer, Indonesia, fourfold. Japan ranked third in terms of total consumption with an 8.5% share.
What are the largest producers of sparkling wine in Asia?
+
India remains the largest sparkling wine producing country in Asia, comprising approx. 60% of total volume. Moreover, sparkling wine production in India exceeded the figures recorded by the second-largest producer, Indonesia, fourfold. The third position in this ranking was taken by Bangladesh, with a 9.2% share.
What are the leading exporters of sparkling wine in Asia?
+
In value terms, Singapore, Hong Kong SAR and Thailand constituted the countries with the highest levels of exports in 2021, with a combined 70% share of total exports.
What are the leading importers of sparkling wine in Asia?
+
In value terms, Japan constitutes the largest market for imported sparkling wine in Asia, comprising 47% of total imports. The second position in the ranking was held by Singapore, with a 22% share of total imports. It was followed by China, with an 8.1% share.
What is the average export price for sparkling wine in Asia?
+
The export price in Asia stood at $7.9 per litre in 2021, which is down by -4.5% against the previous year.
What is the average import price for sparkling wine in Asia?
+
The import price in Asia stood at $12 per litre in 2021, surging by 12% against the previous year.

This report provides an in-depth analysis of the sparkling wine market in Asia. 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 11021130 - Champagne (important: excluding alcohol duty)
• Prodcom 11021190 - Sparkling wine from fresh grapes (excluding champagne, a lcohol duty)
Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Vietnam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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