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

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

The Australian cider, perry and mead market reached $X in 2021, surging by 9.9% against the previous year. Overall, consumption, however, recorded a slight shrinkage. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Production of Cider, Perry, Mead And Other Fermented Beverages in Australia

In value terms, cider, perry and mead production soared to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Cider, Perry, Mead And Other Fermented Beverages

Exports from Australia

After five years of growth, shipments abroad of cider, perry, mead and other fermented beverages decreased by -20.5% to X litres in 2021. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 197% against the previous year. Over the period under review, the exports reached the peak figure at X litres in 2020, and then fell sharply in the following year.

In value terms, cider, perry and mead exports reduced slightly to $X in 2021. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 138%. Over the period under review, the exports attained the maximum at $X in 2020, and then reduced in the following year.

Exports by Country

New Zealand (X litres) was the main destination for cider, perry and mead exports from Australia, with a 49% share of total exports. Moreover, cider, perry and mead exports to New Zealand exceeded the volume sent to the second major destination, the United States (X litres), threefold. The third position in this ranking was taken by the UK (X litres), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand amounted to +53.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+120.4% per year) and the UK (+48.2% per year).

In value terms, New Zealand ($X) remains the key foreign market for cider, perry, mead and other fermented beverages exports from Australia, comprising 48% of total exports. The second position in the ranking was taken by the United States ($X), with a 15% share of total exports. It was followed by Belgium, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to New Zealand totaled +38.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+124.0% per year) and Belgium (+22.6% per year).

Export Prices by Country

The average cider, perry and mead export price stood at $X per litre in 2021, with an increase of 25% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The growth pace was the most rapid in 2015 an increase of 129% against the previous year. As a result, the export price attained the peak level of $X per litre. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per litre), while the average price for exports to the UK ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.6%), while the prices for the other major destinations experienced a decline.

Imports of Cider, Perry, Mead And Other Fermented Beverages

Imports into Australia

In 2021, after two years of growth, there was significant decline in purchases abroad of cider, perry, mead and other fermented beverages, when their volume decreased by -46.2% to X litres. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 51%. Over the period under review, imports attained the peak figure at X litres in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, cider, perry and mead imports shrank to $X in 2021. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

New Zealand (X litres), Sweden (X litres) and Ireland (X litres) were the main suppliers of cider, perry and mead imports to Australia, together accounting for 73% of total imports. These countries were followed by South Korea, Japan, the UK, Spain and the Netherlands, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +24.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cider, perry and mead suppliers to Australia were New Zealand ($X), Japan ($X) and Sweden ($X), with a combined 64% share of total imports. Ireland, South Korea, the UK, Spain and the Netherlands lagged somewhat behind, together accounting for a further 31%.

Spain, with a CAGR of +19.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cider, perry and mead import price amounted to $X per litre, increasing by 70% against the previous year. Over the period under review, the import price, however, saw a pronounced setback. Over the period under review, average import prices attained the maximum at $X per litre in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per litre), while the price for Sweden ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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