Japan: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Japan

After two years of decline, the Japanese spirits and liqueurs market increased by X% to $X in 2022. Over the period under review, consumption, however, saw a relatively flat trend pattern. Spirits and liqueurs consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Spirits And Liqueurs Production in Japan

In value terms, spirits and liqueurs production contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Spirits And Liqueurs Exports

Exports from Japan

For the eleventh consecutive year, Japan recorded growth in shipments abroad of spirits, liqueurs and other spirituous beverages, which increased by X% to X litres in 2022. Over the period under review, exports showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs exports amounted to $X in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

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

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

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

Among the main countries of destination, the Netherlands, 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 spirits and liqueurs export price amounted to $X per litre, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per litre in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per litre), while the average price for exports to the Philippines ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports into Japan

In 2022, imports of spirits, liqueurs and other spirituous beverages into Japan expanded notably to X litres, with an increase of X% on the previous year. Over the period under review, imports recorded a relatively flat trend pattern. Imports peaked at X litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, spirits and liqueurs imports rose notably to $X in 2022. In general, imports recorded a relatively flat trend pattern. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The UK (X litres), South Korea (X litres) and the United States (X litres) were the main suppliers of spirits and liqueurs imports to Japan, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of spirits, liqueurs and other spirituous beverages to Japan, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average spirits and liqueurs import price amounted to $X per litre, approximately equating the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per litre in 2019; however, from 2020 to 2022, import prices remained at a 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 France ($X per litre), while the price for South Korea ($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 mixed trend patterns.

Source: IndexBox Platform

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