Southern Asia: Beer Market 2024

Beer Market Size in Southern Asia

The South Asian beer market expanded markedly to $X in 2023, growing by X% against the previous year. Over the period under review, consumption enjoyed a buoyant expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Beer Production in Southern Asia

In value terms, beer production stood at $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2021; afterwards, it flattened through to 2023.

Beer Exports

Exports in Southern Asia

For the third consecutive year, Southern Asia recorded growth in overseas shipments of beer, which increased by X% to X litres in 2023. Total exports indicated a notable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in years to come.

In value terms, beer exports reduced to $X in 2023. Total exports indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2022, and then dropped in the following year.

Exports by Country

In 2023, India (X litres) was the main exporter of beer, committing X% of total exports. It was distantly followed by Sri Lanka (X litres), mixing up a X% share of total exports. Bhutan (X litres) followed a long way behind the leaders.

Exports from India increased at an average annual rate of X% from 2012 to 2023. At the same time, Sri Lanka (X%) and Bhutan (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2023. Sri Lanka (X p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest beer supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in India totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Sri Lanka (X% per year) and Bhutan (X% per year).

Export Prices by Country

In 2023, the export price in Southern Asia amounted to $X per litre, which is down by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per litre. From 2022 to 2023, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was India ($X per litre), while Bhutan ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bhutan (X%), while the other leaders experienced mixed trends in the export price figures.

Beer Imports

Imports in Southern Asia

In 2023, supplies from abroad of beer increased by X% to X litres, rising for the second year in a row after three years of decline. Overall, imports, however, showed a perceptible slump. The volume of import peaked at X litres in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, beer imports surged to $X in 2023. Over the period under review, imports, however, showed a noticeable slump. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

India represented the largest importing country with an import of about X litres, which recorded X% of total imports. It was distantly followed by Maldives (X litres), constituting a X% share of total imports. The following importers - Bangladesh (X litres) and Afghanistan (X litres) - together made up X% of total imports.

India was also the fastest-growing in terms of the beer imports, with a CAGR of X% from 2012 to 2023. At the same time, Maldives (X%) displayed positive paces of growth. By contrast, Bangladesh (X%) and Afghanistan (X%) illustrated a downward trend over the same period. While the share of India (X p.p.) and Maldives (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Bangladesh (X p.p.) and Afghanistan (X p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported beer in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Maldives ($X), with a X% share of total imports. It was followed by Bangladesh, with a X% share.

In India, beer imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Maldives (X% per year) and Bangladesh (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per litre in 2023, picking up by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per litre. From 2015 to 2023, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per litre), while Afghanistan ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform