United Kingdom: Market for Cider, Perry, Mead And Other Fermented Beverages 2024

Market Size for Cider, Perry, Mead And Other Fermented Beverages in the UK

In 2022, the UK cider, perry and mead market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, showed a slight contraction. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Cider, Perry, Mead And Other Fermented Beverages in the UK

In value terms, cider, perry and mead production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Cider, Perry, Mead And Other Fermented Beverages

Exports from the UK

For the fourth consecutive year, the UK recorded decline in overseas shipments of cider, perry, mead and other fermented beverages, which decreased by X% to X litres in 2022. Overall, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X litres. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cider, perry and mead exports contracted modestly to $X in 2022. In general, exports saw a slight decline. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X litres) was the main destination for cider, perry and mead exports from the UK, with a X% share of total exports. Moreover, cider, perry and mead exports to Ireland exceeded the volume sent to the second major destination, Canada (X litres), twofold. The United States (X litres) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ireland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the United States (X% per year).

In value terms, the largest markets for cider, perry and mead exported from the UK were Ireland ($X), Canada ($X) and the United States ($X), with a combined X% share of total exports. France, the Netherlands, Norway, Finland, Spain, Sweden, Germany, Hungary, the United Arab Emirates and Australia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Hungary, with a CAGR of X%, saw the highest growth rate of 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

The average cider, perry and mead export price stood at $X per litre in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per litre; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per litre), while the average price for exports to Spain ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cider, Perry, Mead And Other Fermented Beverages

Imports into the UK

Cider, perry and mead imports into the UK skyrocketed to X litres in 2022, surging by X% on the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, cider, perry and mead imports soared to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Ireland (X litres), Sweden (X litres) and Germany (X litres) were the main suppliers of cider, perry and mead imports to the UK, together accounting for X% of total imports. Belgium, Jamaica and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Jamaica (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Ireland ($X), Sweden ($X) and Jamaica ($X) were the largest cider, perry and mead suppliers to the UK, together accounting for X% of total imports.

Jamaica, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average cider, perry and mead import price amounted to $X per litre, rising by X% against the previous year. In general, the import price, however, showed a mild reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per litre in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Jamaica ($X per litre), while the price for Belgium ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jamaica (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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