Report Update Nov 1, 2024

Malaysia - Sparkling Wine - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Sparkling Wine Market 2024

Sparkling Wine Exports

Exports from Malaysia

In 2022, the amount of sparkling wine exported from Malaysia fell remarkably to X litres, with a decrease of -24.7% compared with the year before. In general, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2016 when exports increased by 920% against the previous year. As a result, the exports reached the peak of X litres. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, sparkling wine exports soared to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 766% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Singapore (X litres) was the main destination for sparkling wine exports from Malaysia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore stood at +78.3%.

In value terms, Singapore ($X) emerged as the key foreign market for sparkling wine exports from Malaysia.

From 2012 to 2022, the average annual growth rate of value to Singapore totaled +70.7%.

Export Prices by Country

The average sparkling wine export price stood at $X per litre in 2022, jumping by 174% against the previous year. Overall, the export price recorded a resilient increase. Over the period under review, the average export prices attained the maximum at $X per litre in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +48.1% per year.

Sparkling Wine Imports

Imports into Malaysia

In 2022, after three years of decline, there was significant growth in overseas purchases of sparkling wine, when their volume increased by 7.2% to X litres. Over the period under review, imports, however, continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2015 when imports increased by 36%. Imports peaked at X litres in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, sparkling wine imports fell to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 30% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X litres) constituted the largest sparkling wine supplier to Malaysia, with a 54% share of total imports. Moreover, sparkling wine imports from France exceeded the figures recorded by the second-largest supplier, Italy (X litres), threefold. Australia (X litres) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from France totaled +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+16.3% per year) and Australia (+6.2% per year).

In value terms, France ($X) constituted the largest supplier of sparkling wine to Malaysia, comprising 80% of total imports. The second position in the ranking was taken by the UK ($X), with a 9.3% share of total imports. It was followed by Singapore, with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France totaled +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+7.2% per year) and Singapore (+5.4% per year).

Import Prices by Country

The average sparkling wine import price stood at $X per litre in 2022, dropping by -12.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2013 an increase of 27%. Over the period under review, average import prices reached the maximum at $X per litre in 2021, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sparkling wine in the world?

The countries with the highest volumes of sparkling wine consumption in 2021 were the United States, India and the UK, together accounting for 44% of global consumption.

What are the largest producers of sparkling wine in the world?

Italy constituted the country with the largest volume of sparkling wine production, accounting for 29% of total volume. Moreover, sparkling wine production in Italy exceeded the figures recorded by the second-largest producer, France, twofold. India ranked third in terms of total production with a 14% share.

What are the leading suppliers of sparkling wine to Malaysia?

In value terms, France constituted the largest supplier of sparkling wine to Malaysia, comprising 84% of total imports. The second position in the ranking was occupied by Italy, with a 3.3% share of total imports. It was followed by Indonesia, with a 2.4% share.

What are the leading importers of sparkling wine from Malaysia?

In value terms, Singapore remains the key foreign market for sparkling wine exports from Malaysia, comprising 73% of total exports. The second position in the ranking was occupied by Thailand, with a 7.8% share of total exports. It was followed by Maldives, with a 6.8% share.

What is the average export price for sparkling wine in Malaysia?

In 2021, the average sparkling wine export price amounted to $26 per litre, falling by -16.8% against the previous year.

What is the average import price for sparkling wine in Malaysia?

In 2021, the average sparkling wine import price amounted to $13 per litre, with a decrease of -31.7% against the previous year.

This report provides an in-depth analysis of the sparkling wine market in Malaysia. 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 11021130 - Champagne (important: excluding alcohol duty)
Prodcom 11021190 - Sparkling wine from fresh grapes (excluding champagne, a lcohol duty)

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023