Japan: Market for Spirits, Liqueurs And Other Spirituous Beverages 2024

Market Size for Spirits, Liqueurs And Other Spirituous Beverages in Japan

The Japanese market for spirits, liqueurs and other spirituous beverages contracted to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Spirits, Liqueurs And Other Spirituous Beverages in Japan

In value terms, production of spirits, liqueurs and other spirituous beverages dropped to $X in 2022 estimated in export price. Over the period under review, the total production indicated a slight increase 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, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Spirits, Liqueurs And Other Spirituous Beverages

Exports from Japan

For the eleventh year in a row, Japan recorded growth in overseas shipments of spirits, liqueurs and other spirituous beverages, which increased by X% to X litres in 2022. Overall, exports recorded a prominent expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of spirits, liqueurs and other spirituous beverages shrank modestly to $X in 2022. Over the period under review, exports showed prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then dropped modestly in the following year.

Exports by Country

Taiwan (Chinese) (X litres), China (X litres) and Hong Kong SAR (X litres) were the main destinations of exports of spirits, liqueurs and other spirituous beverages from Japan, with a combined X% share of total exports. The United States, Thailand, Australia, the Philippines, Singapore, South Korea and Vietnam lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for spirits, liqueurs and other spirituous beverages exported from Japan were Taiwan (Chinese) ($X), China ($X) and the United States ($X), with a combined X% share of total exports. Hong Kong SAR, Australia, Vietnam, Thailand, Singapore, South Korea and the Philippines lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Australia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for spirits, liqueurs and other spirituous beverages amounted to $X per litre, declining by X% against the previous year. Over the period under review, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per litre in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per litre), while the average price for exports to the Philippines ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced a decline.

Imports of Spirits, Liqueurs And Other Spirituous Beverages

Imports into Japan

In 2022, purchases abroad of spirits, liqueurs and other spirituous beverages increased by X% to X litres, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, saw a noticeable reduction. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports reached the peak of X litres. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of spirits, liqueurs and other spirituous beverages surged to $X in 2022. Overall, imports, however, recorded a pronounced slump. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Korea (X litres) constituted the largest supplier of spirits, liqueurs and other spirituous beverages to Japan, with a X% share of total imports. Moreover, imports of spirits, liqueurs and other spirituous beverages from South Korea exceeded the figures recorded by the second-largest supplier, Vietnam (X litres), sixfold. The third position in this ranking was taken by Thailand (X litres), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Thailand (X% per year).

In value terms, the largest spirits, liqueurs and other spirituous beverages suppliers to Japan were South Korea ($X), Mexico ($X) and France ($X), together comprising X% of total imports. China, the United States, Germany, Vietnam, the Netherlands, Thailand and the UK lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for spirits, liqueurs and other spirituous beverages amounted to $X per litre, rising by X% against the previous year. Over the period under review, the import price, however, recorded a slight contraction. The import price peaked at $X per litre in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per litre), while the price for South Korea ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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