Japanese brands rule import beer market
The Korea Customs Service yesterday said $13.22 million worth of beer was imported from Japan in the first half of the year, accounting for 33.5 percent of the foreign beer market.?
Although Japanese beer is the most expensive import, it had the largest share of the foreign beer market, the government agency noted.
The average import price of Japanese beer is $1.08 per liter, compared to the $0.93 average of all other foreign beer. U.S. beer is the cheapest at $0.64 per liter.
The total amount of imported beer?in the first six months of the year stood at?$39 million, up 21 percent from a year earlier.
The country’s foreign beer market has been expanding for the past three years, with 43 countries currently represented. Last year, the market was $73.59 million with beer from 34 countries.?
BY SONG SU-HYUN [firstname.lastname@example.org]
More in Industry
DSME fined ￦15.3 billion for mistreating subcontractors
Hyundai, Naver to work together on connected car systems
SK Telcom merges two security services subsidiaries
KDB requests sit-down with Asiana unions about takeover
Are you Taycan to me?