Asia-Pacific: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Asia-Pacific

The Asia-Pacific wine of fresh grapes market reached $X in 2023, standing approx. at the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in Asia-Pacific

In value terms, wine of fresh grapes production totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports in Asia-Pacific

In 2023, the amount of wine of fresh grapes (except sparkling wine) exported in Asia-Pacific fell modestly to X litres, which is down by X% on the year before. Overall, exports showed a noticeable contraction. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X litres in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, wine of fresh grapes exports reduced to $X in 2023. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The level of export peaked at $X in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

Exports by Country

Australia was the major exporter of wine of fresh grapes (except sparkling wine) in Asia-Pacific, with the volume of exports accounting for X litres, which was near X% of total exports in 2023. It was distantly followed by New Zealand (X litres), committing a X% share of total exports.

Exports from Australia decreased at an average annual rate of X% from 2012 to 2023. New Zealand experienced a relatively flat trend pattern. New Zealand (X p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Australia ($X) and New Zealand ($X) were the countries with the highest levels of exports in 2023.

Among the main exporting countries, New Zealand, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2023, the export price in Asia-Pacific amounted to $X per litre, remaining constant against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per litre. From 2018 to 2023, 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 New Zealand ($X per litre), while Australia stood at $X per litre.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports in Asia-Pacific

In 2023, overseas purchases of wine of fresh grapes (except sparkling wine) decreased by X% to X litres, falling for the sixth year in a row after three years of growth. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X%. The volume of import peaked at X litres in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, wine of fresh grapes imports declined to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2023, imports failed to regain momentum.

Imports by Country

China (X litres) and Japan (X litres) represented roughly X% of total imports in 2023. Australia (X litres) held the next position in the ranking, followed by India (X litres) and South Korea (X litres). All these countries together held near X% share of total imports. New Zealand (X litres), Hong Kong SAR (X litres), Singapore (X litres), Taiwan (Chinese) (X litres), Thailand (X litres) and the Philippines (X litres) held a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Hong Kong SAR ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Singapore, South Korea, Australia, India, Taiwan (Chinese), New Zealand, Thailand and the Philippines lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, saw 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

In 2023, the import price in Asia-Pacific amounted to $X per litre, picking up by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per litre), while New Zealand ($X per litre) was amongst the lowest.

From 2012 to 2023, 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