Eastern Asia - Wine of Fresh Grapes (Except Sparkling Wine) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEastern Asia: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024
Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Eastern Asia
The East Asian wine of fresh grapes market declined modestly to $X in 2022, dropping by -1.8% against the previous year. The total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +1.2% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.
Production of Wine Of Fresh Grapes (Except Sparkling Wine) in Eastern Asia
In value terms, wine of fresh grapes production shrank modestly to $X in 2022 estimated in export price. The total production indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.9% 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 +1.9% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of 27% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.
Exports of Wine Of Fresh Grapes (Except Sparkling Wine)
Exports in Eastern Asia
In 2022, shipments abroad of wine of fresh grapes (except sparkling wine) increased by 20% to X litres, rising for the second year in a row after five years of decline. Over the period under review, exports, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2021 when exports increased by 79%. The volume of export peaked at X litres in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.
In value terms, wine of fresh grapes exports rose markedly to $X in 2022. Overall, exports continue to indicate a slight expansion. The growth pace was the most rapid in 2015 with an increase of 126%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
In 2022, Hong Kong SAR (X litres) was the major exporter of wine of fresh grapes (except sparkling wine), committing 80% of total exports. It was distantly followed by China (X litres), committing a 15% share of total exports. Macao SAR (X litres) took a relatively small share of total exports.
Exports from Hong Kong SAR decreased at an average annual rate of -4.7% from 2012 to 2022. At the same time, China (+3.5%) and Macao SAR (+1.1%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +3.5% from 2012-2022. China (+7.6 p.p.) and Macao SAR (+2.5 p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR saw its share reduced by -10.4% from 2012 to 2022, respectively.
In value terms, Hong Kong SAR ($X) remains the largest wine of fresh grapes supplier in Eastern Asia, comprising 81% of total exports. The second position in the ranking was taken by China ($X), with an 11% share of total exports.
From 2012 to 2022, the average annual growth rate of value in Hong Kong SAR stood at +2.6%. In the other countries, the average annual rates were as follows: China (-6.5% per year) and Macao SAR (+6.1% per year).
Export Prices by Country
The export price in Eastern Asia stood at $X per litre in 2022, declining by -6.7% against the previous year. Overall, the export price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of 45%. The level of export peaked at $X per litre in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Macao SAR ($X per litre), while China ($X per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.7%), while the other leaders experienced mixed trends in the export price figures.
Imports of Wine Of Fresh Grapes (Except Sparkling Wine)
Imports in Eastern Asia
In 2022, imports of wine of fresh grapes (except sparkling wine) in Eastern Asia shrank to X litres, reducing by -7.8% on the year before. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 29% against the previous year. Over the period under review, imports reached the peak figure at X litres in 2017; however, from 2018 to 2022, imports remained at a lower figure.
In value terms, wine of fresh grapes imports declined to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by 17% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.
Imports by Country
China (X litres) and Japan (X litres) prevails in imports structure, together achieving 81% of total imports. South Korea (X litres) held a 9.3% share (based on physical terms) of total imports, which put it in second place, followed by Hong Kong SAR (4.8%). Taiwan (Chinese) (X litres) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Korea (with a CAGR of +9.4%), while imports for the other leaders experienced mixed trends in the imports figures.
In value terms, the largest wine of fresh grapes importing markets in Eastern Asia were China ($X), Japan ($X) and Hong Kong SAR ($X), together accounting for 78% of total imports. South Korea and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 17%.
South Korea, with a CAGR of +14.1%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The import price in Eastern Asia stood at $X per litre in 2022, flattening at the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2018 when the import price increased by 12%. The level of import peaked at $X per litre in 2021, and then contracted slightly in the following year.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per litre), while China ($X per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.6%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for wine of fresh grapes 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 2030.
Product coverage:
- Prodcom 11021211 - White wine with a protected designation of origin (PDO)
- Prodcom 11021215 - Wine and grape must with fermentation prevented or arrested by the addition of alcohol, put up with pressure of CO2 in solution . 1 bar < 3, a t .20
- Prodcom 11021217 - Quality wine and grape must with fermentation prevented or arrested by the addition of alcohol, with a protected designation of origin (PDO) produced of an alcoholic strength of . .15 % (excluding white wine and sparkling wine)
- Prodcom 11021220 - Wine and grape must with fermentation prevented or arrested by the addition of alcohol, of an alcoholic strength . .15 % (excluding sparkling wine and wine (PDO))
- Prodcom 11021231 - Port, Madeira, Sherry and other > .15 % alcohol
Country coverage:
- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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