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Eastern Asia - Sparkling Wine - Market Analysis, Forecast, Size, Trends And Insights
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Eastern Asia: Sparkling Wine Market Overview 2021

Sparkling Wine Exports

Exports in Eastern Asia

In 2019, approx. X litres of sparkling wine were exported in Eastern Asia; dropping by -X% against 2018 figures. In general, exports, however, showed a slight expansion. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X litres in 2013; however, from 2014 to 2019, exports remained at a lower figure.

In value terms, sparkling wine exports reduced to $X in 2019. Total exports indicated notable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. The level of export peaked at $X in 2014; however, from 2015 to 2019, exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X litres) and China (X litres) dominates sparkling wine exports structure, together making up X% of total exports. Japan (X litres) ranks next in terms of the total exports with a X% share, followed by South Korea (X%). Taiwan (Chinese) (X litres) took a relatively small share of total exports.

From 2007 to 2019, the biggest increases were in South Korea, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) remains the largest sparkling wine supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

In Hong Kong SAR, sparkling wine exports expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: China (+X% per year) and Taiwan (Chinese) (+X% per year).

Export Prices by Country

In 2019, the sparkling wine export price in Eastern Asia amounted to $X per litre, picking up by X% against the previous year. Export price indicated slight growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, sparkling wine export price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2009 an increase of X% year-to-year. As a result, export price attained the peak level of $X per litre. From 2010 to 2019, the growth in terms of the export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Hong Kong SAR ($X per litre), while South Korea ($X per litre) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other leaders experienced mixed trends in the export price figures.

Sparkling Wine Imports

Imports in Eastern Asia

In 2019, approx. X litres of sparkling wine were imported in Eastern Asia; picking up by X% against the year before. Over the period under review, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sparkling wine imports rose remarkably to $X in 2019. In general, imports recorded prominent growth. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. The level of import peaked in 2019 and is likely to see gradual growth in the immediate term.

Imports by Country

Japan was the major importing country with an import of around X litres, which resulted at X% of total imports. It was distantly followed by China (X litres) and South Korea (X litres), together generating a X% share of total imports. Hong Kong SAR (X litres) and Taiwan (Chinese) (X litres) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to sparkling wine imports into Japan stood at +X%. At the same time, South Korea (+X%), China (+X%), Taiwan (Chinese) (+X%) and Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +X% from 2007-2019. China (+X p.p.) and South Korea (+X p.p.) significantly strengthened its position in terms of the total imports, while Japan saw its share reduced by -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Japan, sparkling wine imports increased at an average annual rate of +X% over the period from 2007-2019. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Hong Kong SAR (+X% per year).

Import Prices by Country

In 2019, the sparkling wine import price in Eastern Asia amounted to $X per litre, waning by -X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X% y-o-y. As a result, import price attained the peak level of $X per litre, and then plummeted in the following year.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sparkling wine in Eastern Asia?
+
Japan (42M litres) constituted the country with the largest volume of sparkling wine consumption, accounting for 67% of total volume. Moreover, sparkling wine consumption in Japan exceeded the figures recorded by the second-largest consumer, China (12M litres), threefold. South Korea (5.5M litres) ranked third in terms of total consumption with a 8.7% share.
What are the leading suppliers of sparkling wine in Eastern Asia?
+
In value terms, Hong Kong SAR ($7.4M) remains the largest sparkling wine supplier in Eastern Asia, comprising 74% of total exports. The second position in the ranking was occupied by China ($1.4M), with a 14% share of total exports. It was followed by Taiwan (Chinese), with a 3.5% share.
What are the leading importers of sparkling wine in Eastern Asia?
+
In value terms, Japan ($654M) constitutes the largest market for imported sparkling wine in Eastern Asia, comprising 74% of total imports. The second position in the ranking was occupied by China ($82M), with a 9.4% share of total imports. It was followed by Hong Kong SAR, with a 7.2% share.
What is the average export price for sparkling wine in Eastern Asia?
+
The sparkling wine export price in Eastern Asia stood at $21 per litre in 2019, increasing by 7.6% against the previous year.
What is the average import price for sparkling wine in Eastern Asia?
+
In 2019, the sparkling wine import price in Eastern Asia amounted to $14 per litre, falling by -16.4% against the previous year.

Product coverage:
• Prodcom 11021130 - Champagne (important: excluding alcohol duty)
• Prodcom 11021190 - Sparkling wine from fresh grapes (excluding champagne, a lcohol duty)

This report provides an in-depth analysis of the sparkling wine market in Eastern 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 2025.


Country coverage:
• China, Macao SAR
• Democratic People's Republic of Korea
• Taiwan, Chinese

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2020
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 2007–2020
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

• China
• China, Hong Kong SAR
• China, Macao SAR
• Japan
• South Korea
• Taiwan, Chinese
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
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, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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