City
Epaper

S.Korea's whiskey imports soar about 80% in Q1

By IANS | Updated: April 24, 2023 15:40 IST

Seoul, April 24 South Korea's whiskey imports shot up nearly 80 per cent in the first quarter of ...

Open in App

Seoul, April 24 South Korea's whiskey imports shot up nearly 80 per cent in the first quarter of this year on the liquor's surging popularity among young Koreans amid the coronavirus pandemic, data showed on Monday.

The volume of imported whiskey came to 8,443 tonnes in the January-March period, up 78.2 per cent from a year earlier, according to the data from the Korea Customs Service.

It marks the highest first-quarter tally since 2000, when data tracking began, reports Yonhap News Agency.

It is also the largest quarterly figure after 8,625 tonnes posted three months earlier.

The value of South Korea's whiskey imports stood at $64.77 million in the first quarter, up 24 per cent from a year earlier.

South Korea's whiskey imports have been rising rapidly in recent quarters as more people drink at home amid the Covid-19 pandemic.

In particular, whiskey has gained great popularity among young Koreans who prefer to consume mid- to-low-priced whiskey mixed with soda water and other drinks, according to industry sources.

Market watchers forecast South Korea's whiskey imports to trend higher for the time being, given the liquor's growing popularity among young local drinkers.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: seoulYonhap News AgencySouth KoreaRepublic of koreaDelle pooleSouth asia regional connectivityKorea customs serviceSeoul metropolitanYonhap' news agency
Open in App

Related Stories

MumbaiMumbai 3.0: MMRDA Joins Hands With South Korea for a Bold Urban Transformation

EntertainmentBTS Jin Aka Kim Seokjin To Make Comeback in May 2025, Reports

EntertainmentKim Soo Hyun Controversy: Brands Cut Ties, Poster Removed in Aftermath of Dating Scandal with late Actress Kim Sae Ron (Watch Video)

EntertainmentKim Soo Hyun Controversy: Actor Breaks Down in Tears While Addressing Allegations Made by Late Kim Sae-Ron Family (Watch Video)

InternationalSouth Korea Helicopter Crash: Pilot Killed as Chopper Fighting Wildfires Crashes in Uiseong

International Realted Stories

InternationalDubai Public Prosecution launches initiative to promote amicable dispute settlement

InternationalIndian Ambassador reviews Haj preparations as pilgrims arrive in Saudi Arabia

InternationalUAE, Ecuadorian Presidents discuss strengthening bilateral cooperation

InternationalEU lawmakers urge China to probe suspicious death of Tibetan Buddhist leader Tulku Hungkar Dorje

InternationalDubai South records 15 per cent growth in business aviation movements in Q1 2025