Japan - Gin And Geneva - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGin and Geneva Price in Japan - 2023
Contents:
- Gin and Geneva Price in Japan (FOB) - 2023
- Gin and Geneva Price in Japan (CIF) - 2023
- Gin and Geneva Exports in Japan
- Gin and Geneva Imports in Japan
Gin and Geneva Price in Japan (FOB) - 2023
In July 2023, the average gin and geneva export price amounted to $6.4 per litre, surging by 19% against the previous month. Overall, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $7.1 per litre in March 2023; however, from April 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was France ($13.4 per litre), while the average price for exports to Germany ($2.0 per litre) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Gin and Geneva Price in Japan (CIF) - 2023
In July 2023, the average gin and geneva import price amounted to $5.5 per litre, growing by 3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.3%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 23% month-to-month. As a result, import price attained the peak level of $6.0 per litre. From December 2022 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($19.6 per litre), while the price for the UK ($3.7 per litre) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the UK (+0.8%), while the prices for the other major suppliers experienced a decline.
Gin and Geneva Exports in Japan
For the fourth consecutive year, Japan recorded growth in shipments abroad of gin and geneva, which increased by 26% to 5.4M litres in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 87%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, gin and geneva exports soared to $32M in 2022. In general, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 69%. The exports peaked in 2022 and are likely to see steady growth in the near future.
Export of Gin and Geneva in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.7 | 2.7 | 5.2 | 6.8 | 22.5% |
Australia | 1.7 | 2.5 | 3.4 | 4.4 | 37.3% |
Singapore | 2.0 | 1.4 | 3.5 | 4.4 | 30.1% |
Netherlands | 6.0 | 3.7 | 3.4 | 4.0 | -12.6% |
France | 1.5 | 0.5 | 3.3 | 2.9 | 24.6% |
Belgium | 0.4 | 0.4 | 1.9 | 1.9 | 68.1% |
Germany | N/A | N/A | 1.9 | 1.4 | -26.3% |
United Kingdom | 2.2 | 2.8 | 1.5 | 1.1 | -20.6% |
India | 0.1 | 0.3 | 0.3 | 1.0 | 115.4% |
Canada | 0.1 | 0.2 | 0.4 | 0.7 | 91.3% |
New Zealand | 0.1 | 0.5 | 0.7 | 0.7 | 91.3% |
Others | 3.0 | 1.4 | 2.1 | 3.0 | 0.0% |
Total | 20.9 | 16.3 | 27.7 | 32.3 | 15.6% |
Top Export Markets for Gin and Geneva from Japan in 2022:
- Netherlands (1444.3K litres)
- United States (1013.3K litres)
- Australia (731.1K litres)
- Singapore (654.2K litres)
- Belgium (347.2K litres)
- United Kingdom (189.5K litres)
- France (188.0K litres)
- Germany (156.0K litres)
- India (101.2K litres)
- New Zealand (97.7K litres)
- Canada (82.7K litres)
Gin and Geneva Imports in Japan
After two years of decline, overseas purchases of gin and geneva increased by 25% to 3.9M litres in 2022. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, gin and geneva imports rose significantly to $18M in 2022. In general, imports, however, recorded a perceptible curtailment. Over the period under review, imports attained the maximum at $20M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Gin and Geneva in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 15.4 | 15.5 | 14.8 | 15.3 | -0.2% |
United States | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
South Korea | 2.3 | 1.0 | N/A | N/A | -56.5% |
Others | 1.7 | 1.7 | 1.9 | 2.4 | 12.2% |
Total | 19.6 | 18.4 | 16.9 | 17.9 | -3.0% |
Top Suppliers of Gin and Geneva to Japan in 2022:
- United Kingdom (3642.9K litres)
- United States (98.6K litres)
- South Korea (0.2K litres)
This report provides an in-depth analysis of the gin and geneva market in Japan. 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 11011050 - Gin and geneva (important: excluding alcohol duty)
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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