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Hop imports declined in 2019 due to the overall stagnation of the Korean beer market. However, the craft beer market in Korea has been growing over the past few years leading to increased...
The Korean wine market continues to expand as consumers look for high quality, lower alcohol beverages.
Beer is the most consumed alcoholic beverage in Korea. Imported beer continues to expand market share.
While the overall distilled spirits market has stagnated, changes in consumer tastes are creating new opportunities for imported products.
Thailand announced a ban on online alcohol sales on September 8, 2020.
Despite the challenging economic environment, Korea’s wine imports in 2018 totaled a record high $244 million, up 16.2 percent from 2017.
Wine consumption in Japan has risen steadily over the last decade. Imports were valued at $1.65 billion in 2018, and account for nearly 70 percent of the market.
The imported beer market in South Korea continues robust growth due to strong consumer demand for diversified flavors and higher quality.
The seventh-annual Whiskey Fest whiskey exposition, October 26-28, 2018, in Sofia, billed itself as Central and Eastern Europe’s premier distilled spirits exposition and trade fair.
Post forecasts Bulgaria’s 2018 grape crop at 270,000 metric tons (MT), most of which will produce about 130 to 135 million liters of wine.
Post forecasts Bulgaria’s 2018 grape crop at 270,000 metric tons (MT), most of which will produce about 130 to 135 million liters of wine.
The Government of India’s (GOI) Food Safety and Standards Authority of India (FSSAI) recently amended the rectifiable labeling list for imported alcoholic beverages.