China: Market for Non-Alcoholic Beverages, Not Containing Milk 2024

Market Size for Non-Alcoholic Beverages, Not Containing Milk in China

The Chinese market for non-alcoholic beverages, not containing milk was estimated at $X in 2022, flattening at the previous year. Overall, the total consumption indicated resilient growth 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, consumption decreased by X% against 2020 indices. Non-alcoholic beverage, not containing milk consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Alcoholic Beverages, Not Containing Milk in China

In value terms, non-alcoholic beverage, not containing milk production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent expansion 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Non-alcoholic beverage, not containing milk production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Non-Alcoholic Beverages, Not Containing Milk

Exports from China

In 2022, non-alcoholic beverage, not containing milk exports from China rose remarkably to X litres, picking up by X% compared with the previous year's figure. In general, total exports indicated a prominent expansion 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, non-alcoholic beverage, not containing milk exports reached $X in 2022. Overall, total exports indicated buoyant growth 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Hong Kong SAR (X litres) was the main destination for non-alcoholic beverage, not containing milk exports from China, accounting for a X% share of total exports. Moreover, non-alcoholic beverage, not containing milk exports to Hong Kong SAR exceeded the volume sent to the second major destination, the Philippines (X litres), sevenfold. The third position in this ranking was held by the United States (X litres), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hong Kong SAR totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and the United States (X% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for non-alcoholic beverages, not containing milk exports from China, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Hong Kong SAR stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the Philippines (X% per year).

Export Prices by Country

The average export price for non-alcoholic beverages, not containing milk stood at $X per litre in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per litre), while the average price for exports to the Philippines ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Alcoholic Beverages, Not Containing Milk

Imports into China

In 2022, non-alcoholic beverage, not containing milk imports into China declined to X litres, falling by X% against the previous year. Over the period under review, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X litres in 2021, and then reduced in the following year.

In value terms, non-alcoholic beverage, not containing milk imports fell to $X in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

South Korea (X litres), Thailand (X litres) and Singapore (X litres) were the main suppliers of non-alcoholic beverage, not containing milk imports to China, together accounting for X% of total imports. Taiwan (Chinese), the Netherlands, Hong Kong SAR, Japan, Vietnam, Australia, Sweden, Malaysia and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Japan ($X) and the United States ($X) were the largest non-alcoholic beverage, not containing milk suppliers to China, together accounting for X% of total imports. Thailand, Taiwan (Chinese), the Netherlands, Singapore, Australia, Hong Kong SAR, Vietnam, Sweden and Malaysia lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, the Netherlands, with a CAGR of X%, saw 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 average import price for non-alcoholic beverages, not containing milk amounted to $X per litre, remaining stable against the previous year. Overall, the import price, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per litre in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per litre), while the price for Hong Kong SAR ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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