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- (-) Wine, Beer and Spirits
- (-) May 2022
- (-) October 2020
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The Hong Kong wine market has stayed resilient since the start of the COVID-19 pandemic. The local foodservice business has suffered the most as the operation of restaurants and bars were often curbed to contain the virus. However, wine retail sales injected energy to a sluggish market and enabled the continuation of wine consumption in Hong Kong.
In 2021, Taiwan's whiskey imports reached $553 million, up 19 percent compared to 2020. The United States ranks as the third-largest supplier with a two-percent market share,
Through its phased-in tariff reductions, the agreement will raise challenges for U.S. products including wine and spirits, cotton, pulses and beans, forest products, and tree nuts.
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.