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

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

The ASEAN cider, perry and mead market expanded modestly to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, showed a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, cider, perry and mead production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Cider, Perry, Mead And Other Fermented Beverages

Exports in ASEAN

In 2022, exports of cider, perry, mead and other fermented beverages in ASEAN surged to X litres, jumping by X% compared with 2021 figures. Overall, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X litres in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, cider, perry and mead exports soared to $X in 2022. In general, exports saw a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Singapore represented the largest exporter of cider, perry, mead and other fermented beverages in ASEAN, with the volume of exports reaching X litres, which was near X% of total exports in 2022. Thailand (X litres) ranks second in terms of the total exports with a X% share, followed by Vietnam (X%) and Malaysia (X%).

Singapore was also the fastest-growing in terms of the cider, perry, mead and other fermented beverages exports, with a CAGR of X% from 2012 to 2022. At the same time, Malaysia (X%) and Thailand (X%) displayed positive paces of growth. By contrast, Vietnam (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Vietnam (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest cider, perry and mead supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore amounted to X%. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per litre, dropping by X% against the previous year. Overall, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of export peaked at $X per litre in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Vietnam ($X per litre) and Singapore ($X per litre), while Malaysia ($X per litre) and Thailand ($X per litre) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the export price figures.

Imports of Cider, Perry, Mead And Other Fermented Beverages

Imports in ASEAN

In 2022, approx. X litres of cider, perry, mead and other fermented beverages were imported in ASEAN; with an increase of X% compared with the previous year's figure. Over the period under review, imports posted strong growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of import peaked at X litres in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, cider, perry and mead imports surged to $X in 2022. Overall, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Thailand (X litres) was the key importer of cider, perry, mead and other fermented beverages, making up X% of total imports. It was distantly followed by Singapore (X litres), Vietnam (X litres) and Malaysia (X litres), together achieving a X% share of total imports. Myanmar (X litres), Lao People's Democratic Republic (X litres) and the Philippines (X litres) held a minor share of total imports.

Imports into Thailand increased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%), Lao People's Democratic Republic (X%), Vietnam (X%), Singapore (X%), Malaysia (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Thailand, Myanmar and Lao People's Democratic Republic increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Thailand ($X) and Malaysia ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Vietnam, Myanmar, the Philippines and Lao People's Democratic Republic lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Myanmar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per litre, reducing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per litre, and then dropped 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 Singapore ($X per litre), while Lao People's Democratic Republic ($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 Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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