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Hong Kong is an open market offering good opportunities for U.S. beer exporters. Over the last two years, both beer imports and domestic sales have been stable despite the pandemic. In 2021, Hong Kong’s global beer imports held steady from the previous year at $115 million, making the city the fourteenth largest beer import market in the world. Domestic beer sales recovered 9 percent from 2020 at $732 million.
Over the last five years, Hong Kong’s global imports of hops expanded 42 percent, growing 10 percent to $7.2 million in 2021. The United States continues as the leading supplier enjoying 96 percent market share. Hong Kong re-exported 72 percent of its hop imports to other markets in the region, retaining 28 percent for local breweries.
Prospects for U.S. brewing ingredients remain strong amidst a robust local beer manufacturing industry. Beer is the most widely consumed alcoholic beverage in the Philippines, accounting for 72 percent of total alcohol consumption or 2.1 billion liters annually. Export prospects in the region are especially strong because of the country’s membership in various free trade agreements and its strategic location.
Italy’s CY 2014 wine production is forecast to drop 14 percent from the previous campaign to 41.6 million hectoliters (Mhl), due to unfavorable weather conditions this summer.
Taiwan’s beer market increased to 517 million liters (137 million gallons) in 2013.
U.S. exhibitors reported positive export opportunities at Hong Kong International Wine and Spirits Fair 2014, with projected sales in the next 12 months of over US $200,000.
The U.S. has long been the leading supplier of wines to the Philippines and, since 2009, the Philippines has been the largest U.S. wine market in Southeast Asia in terms of volume.
Kazakhstan introduced a ban on the importation or sale of alcohol products that are not in compliance with the Customs Union Technical Regulation on food safety and Kazakh labeling requirements.
A recent wine tasting in Taiwan hosted by the California Wine Institute not only successfully attracted 369 trade contacts but also created an additional $2.87 million in sales for California wines.
FAS Manila worked with Veritas Quo (VQ), a California-based exporter representing popular wine brands to connect with several importers.
This report provides general guidelines on import regulations for alcoholic beverages to Hong Kong and Macao.
This is an evaluation report on the beef, distilled spirits, dried fruits and nuts tasting event organized in Bucharest on September 10th, 2014.