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 2017, growing by X% against the previous year. The total market indicated a measured increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014, with an increase of X% y-o-y. The level of spirits and liqueurs consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Spirits And Liqueurs Production in Asia

In 2017, the amount of spirits, liqueurs and other spirituous beverages produced in Asia totaled X tonnes, coming down by -X% against the previous year. The spirits and liqueurs production continues to indicate a deep descent. The pace of growth appeared the most rapid in 2014, when it surged by X% y-o-y. Over the period under review, the spirits and liqueurs production attained its maximum volume of X tonnes in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Spirits And Liqueurs Exports

Exports in Asia

In 2017, the amount of spirits, liqueurs and other spirituous beverages exported in Asia totaled X tonnes, going down by -X% against the previous year. The spirits and liqueurs exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. Over the period under review, the spirits and liqueurs exports reached its peak figure volume of X tonnes in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, spirits and liqueurs exports totaled $X in 2017. The spirits and liqueurs exports continue to indicate a strong expansion. Over the period under review, the spirits and liqueurs exports reached its maximum level in 2017, and are likely to continue its growth in the immediate term.

Exports by Country

Singapore was the largest exporting country with an export of around X tonnes, which accounted for X% of total exports. It was distantly followed by South Korea (X tonnes), Armenia (X tonnes), China, Hong Kong SAR (X tonnes), India (X tonnes), China (X tonnes), Thailand (X tonnes), Taiwan, Chinese (X tonnes) and Georgia (X tonnes), together achieving X% share of total exports.

Exports from Singapore decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Thailand (+X%), India (+X%), Armenia (+X%), Taiwan, Chinese (+X%), Georgia (+X%) and China (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. South Korea experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. Singapore (X%) and China, Hong Kong SAR (X%) significantly strengthened its position in terms of the global exports, while Taiwan, Chinese, Thailand, India and Armenia saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest spirits and liqueurs supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by China, Hong Kong SAR, with a X% share.

In Singapore, spirits and liqueurs exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: China (+X% per year) and China, Hong Kong SAR (+X% per year).

Export Prices by Country

The spirits and liqueurs export price in Asia stood at $X per tonne in 2017, going up by X% against the previous year. The spirits and liqueurs export price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017, when the export prices increased by X% year-to-year. In that year, the export prices for spirits, liqueurs and other spirituous beverages reached their peak level, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was China ($X per kg), while South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports in Asia

In 2017, the amount of spirits, liqueurs and other spirituous beverages imported in Asia totaled X tonnes, shrinking by -X% against the previous year. The total imports indicated a tangible expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. Over the period under review, the spirits and liqueurs imports attained its maximum volume of X tonnes in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, spirits and liqueurs imports totaled $X in 2017. The total imports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the spirits and liqueurs imports increased by +X% against 2015 indices. Over the period under review, the spirits and liqueurs imports reached its maximum level in 2017, and are likely to continue its growth in the near future.

Imports by Country

China (X tonnes), Singapore (X tonnes) and Japan (X tonnes) represented roughly X% of total imports of spirits, liqueurs and other spirituous beverages in 2017. Malaysia (X tonnes) ranks second in terms of the global imports with a X% share, followed by Taiwan, Chinese (X%), China, Hong Kong SAR (X%) and Thailand (X%). The Philippines (X tonnes), India (X tonnes), South Korea (X tonnes), Kazakhstan (X tonnes) and Turkey (X tonnes) occupied the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), China ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports. Taiwan, Chinese, China, Hong Kong SAR, Malaysia, India, Thailand, South Korea, Turkey, the Philippines and Kazakhstan lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Turkey (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2017, the spirits and liqueurs import price in Asia amounted to $X per tonne, rising by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. In that year, the import prices for spirits, liqueurs and other spirituous beverages reached their peak level, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was China, Hong Kong SAR ($X per tonne), while the Philippines ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform