Company: AGCC
Filing Date: 2025-09-04
Form Type: F-1/A
Source: 0001213900-25-084516
Chunk: 100

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-09-04
Form: F-1/A
Chunk 100
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 preferences towards premium and imported spirits. The report also highlights the increasing role of e -commerce in the distribution of spirits and the potential opportunities for non -major brands to capture market share through unique offerings and innovative marketing strategies. Source of Information The information contained in this section and elsewhere in the prospectus have been derived from various official government and other publications generally believed to be reliable and the market research report prepared by Migo Corporation Limited (“MIGO”) and commissioned by our Group in connection with this Offering. All information and data presented in this section is derived from MIGO’s industry report, unless otherwise noted. The following discussion includes projections for future growth, which may not occur at the rates that are projected or at all. Economy of Asia According to the Asian Development Bank (“ ADB”), Asia is among the fastest -growingregions in the world in 2024. According to the Regional Economic Outlook for Asia and the Pacific, published in September 2024, growth in developing Asia and the Pacific remained strong during the first half of 2024, supported by domestic demand and a continued recovery in exports. High -incometechnology exporters, particularly those in the semiconductor industry, benefited from strong global demand for artificial intelligence products. Meanwhile, inflation continued to decline, driven by the lagged effects of tight monetary policy and easing global food prices. The growth outlook for developing Asia Pacific has been raised to 5.0% for 2024, up from 4.9% in April. The growth projection for 2025 remains at 4.9%. Inflation in the region is forecast to be 2.8% for 2024, down from 3.2% in April, due to currency appreciation in the Caucasus and Central Asia and a slower -than -expecteddecline in food prices in China. ____________ Source: International Monetary Fund (IMF), Migo Asia Spirits Market According to the International Trade Center, North America, which accounts for US$14.53 billion (33.9%) of global imports of spirits, Asia US$12.03 billion (28.1%) and the EU US$11.33 billion (26.4%) are the three biggest spirits importing regions in the world. Together, they make up over 80% of the global market for imported spirits in terms of value in 2023. In terms of which individual territories imported the most spirits, the three biggest in 2023 were the US and two Asian nations — China and Singapore. Between