Asia - Spirits, Liqueurs And Other Spirituous Beverages - Market Analysis, Forecast, Size, Trends and Insights

Asia: Spirits And Liqueurs Market Overview 2019

Spirits And Liqueurs Market Size in Asia

The revenue of the spirits and liqueurs market in Asia amounted to $X in 2018, going up by X% against the previous year. Overall, spirits and liqueurs consumption continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011, when the market value increased by X% y-o-y. The level of spirits and liqueurs consumption peaked at $X in 2016; however, from 2017 to 2018, consumption stood at a somewhat lower figure.

Spirits And Liqueurs Production in Asia

In value terms, spirits and liqueurs production amounted to $X in 2018 estimated in export prices. Over the period under review, spirits and liqueurs production continues to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2018, with an increase of X% year-to-year. In that year, spirits and liqueurs production reached its peak level, and is likely to continue its growth in the immediate term.

Spirits And Liqueurs Exports

Exports in Asia

In 2018, the amount of spirits, liqueurs and other spirituous beverages exported in Asia totaled X litres, surging by X% against the previous year. In general, spirits and liqueurs exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when exports increased by X% against the previous year. The volume of exports peaked at X litres in 2014; however, from 2015 to 2018, exports remained at a lower figure.

In value terms, spirits and liqueurs exports stood at $X in 2018. In general, spirits and liqueurs exports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2011, when exports increased by X% y-o-y. Over the period under review, spirits and liqueurs exports reached their maximum in 2018, and are expected to retain its growth in the near future.

Exports by Country

In 2018, South Korea (X litres), Singapore (X litres) and India (X litres) were the main exporters of spirits, liqueurs and other spirituous beverages in Asia, constituting X% of total export. It was distantly followed by Japan (X litres), China (X litres) and Viet Nam (X litres), together comprising X% share of total exports. Malaysia (X litres) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the largest spirits and liqueurs supplier in Asia, comprising X% of total spirits and liqueurs exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Singapore totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: China (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

In 2018, the spirits and liqueurs export price in Asia amounted to $X per litre, picking up by X% against the previous year. Over the period under review, the spirits and liqueurs export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2011, an increase of X% against the previous year. The level of export price peaked in 2018, and is likely to see steady growth in the near future.

Export prices varied noticeably by the country of origin; the country with the highest export price was Singapore ($X per litre), while South Korea ($X per litre) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by China, while the other leaders experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports in Asia

In 2018, approx. X litres of spirits, liqueurs and other spirituous beverages were imported in Asia; surging by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. The volume of imports peaked at X litres in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, spirits and liqueurs imports totaled $X in 2018. Over the period under review, spirits and liqueurs imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017, when imports increased by X% year-to-year. Over the period under review, spirits and liqueurs imports reached their maximum in 2018, and are likely to continue its growth in the near future.

Imports by Country

In 2018, Japan (X litres), distantly followed by Singapore (X litres), China (X litres), the United Arab Emirates (X litres), the Philippines (X litres), India (X litres), South Korea (X litres) and Taiwan, Chinese (X litres) represented the key importers of spirits, liqueurs and other spirituous beverages, together committing X% of total imports. The following importers - Viet Nam (X litres), Kazakhstan (X litres), China, Hong Kong SAR (X litres) and Israel (X litres) together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Philippines, while the other leaders experienced more modest paces of growth.

In value terms, the largest spirits and liqueurs importing markets worldwide were Singapore ($X), China ($X) and Viet Nam ($X), together accounting for X% of total imports.

In terms of the main importing countries, Viet Nam experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The spirits and liqueurs import price in Asia stood at $X per litre in 2018, picking up by X% against the previous year. The import price indicated a remarkable growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the spirits and liqueurs import price increased by +X% against 2014 indices. The growth pace was the most rapid in 2010, when the import price increased by X% y-o-y. Over the period under review, the import prices for spirits, liqueurs and other spirituous beverages attained their maximum in 2018, and is expected to retain its growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was Viet Nam ($X per litre), while the Philippines ($X per litre) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Viet Nam, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform