Asia: Beer Market 2024

Beer Market Size in Asia

The Asian beer market shrank slightly to $X in 2022, almost unchanged from the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Beer Production in Asia

In value terms, beer production reduced slightly to $X in 2022 estimated in export price. Overall, production saw a slight decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Beer Exports

Exports in Asia

In 2022, shipments abroad of beer increased by X% to X litres, rising for the second consecutive year after three years of decline. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at X litres in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, beer exports reached $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

China represented the largest exporting country with an export of around X litres, which accounted for X% of total exports. Thailand (X litres) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Vietnam (X%), South Korea (X%), Turkey (X%), Japan (X%) and Singapore (X%). The United Arab Emirates (X litres), Malaysia (X litres), India (X litres), Hong Kong SAR (X litres) and Kazakhstan (X litres) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to beer exports from China stood at X%. At the same time, the United Arab Emirates (X%), Kazakhstan (X%), Japan (X%), Hong Kong SAR (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. India and South Korea experienced a relatively flat trend pattern. By contrast, Turkey (X%), Singapore (X%), Malaysia (X%) and Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, the United Arab Emirates, Japan, Vietnam and Kazakhstan increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest beer supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with an X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Singapore (X% per year).

Export Prices by Country

The export price in Asia stood at $X per litre in 2022, picking up by X% against the previous year. Overall, the export price, however, showed a mild descent. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per litre. From 2014 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per litre), while China ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Beer Imports

Imports in Asia

In 2022, purchases abroad of beer increased by X% to X litres, rising for the second year in a row after two years of decline. Total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, beer imports contracted to $X in 2022. Total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Israel (X litres), distantly followed by China (X litres), Taiwan (Chinese) (X litres), South Korea (X litres), the United Arab Emirates (X litres) and Hong Kong SAR (X litres) represented the main importers of beer, together comprising X% of total imports. Singapore (X litres), Kazakhstan (X litres), Iraq (X litres) and Japan (X litres) held a minor share of total imports.

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

In value terms, China ($X) constitutes the largest market for imported beer in Asia, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an X% share of total imports. It was followed by South Korea, with a X% share.

In China, beer imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia stood at $X per litre in 2022, waning by X% against the previous year. In general, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. As a result, import price attained the peak level of $X per litre. From 2014 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per litre), while Israel ($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 (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :