China - Wine - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingWine Price in China - 2023
Contents:
- Wine Price in China (CIF) - 2023
- Wine Price in China (FOB) - 2023
- Wine Imports in China
- Wine Exports in China
Wine Price in China (CIF) - 2023
In September 2023, the average wine import price amounted to $5.4 per litre, rising by 7.8% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 15% m-o-m. The import price peaked in September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was New Zealand ($10.3 per litre), while the price for South Africa ($2.0 per litre) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Wine Price in China (FOB) - 2023
In September 2023, the average wine export price amounted to $11.1 per litre, picking up by 162% against the previous month. Over the period under review, the export price recorded mild growth. The pace of growth was the most pronounced in November 2022 when the average export price increased by 224% month-to-month. The export price peaked at $31.3 per litre in June 2023; however, from July 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($80.6 per litre), while the average price for exports to Malaysia ($2.4 per litre) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Wine Imports in China
In 2022, wine imports into China declined dramatically to 333M litres, dropping by -17.2% compared with the previous year's figure. Overall, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 1.6%. Over the period under review, imports reached the peak figure at 603M litres in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, wine imports fell rapidly to $1.4B in 2022. In general, imports recorded a abrupt setback. The smallest decline of -7.4% was in 2021. Over the period under review, imports reached the maximum at $2.4B in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Wine in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 693 | 506 | 752 | 669 | -1.2% |
| Chile | 346 | 219 | 332 | 330 | -1.6% |
| Italy | 157 | 115 | 165 | 137 | -4.4% |
| Spain | 145 | 97.4 | 146 | 103 | -10.8% |
| United States | 38.5 | 23.2 | 40.7 | 34.0 | -4.1% |
| Argentina | 27.3 | 28.0 | 37.5 | 21.1 | -8.2% |
| South Africa | 22.6 | 15.2 | 34.4 | 20.6 | -3.0% |
| Australia | 865 | 710 | 55.3 | 5.9 | -81.0% |
| Others | 140 | 110 | 127 | 114 | -6.6% |
| Total | 2,434 | 1,824 | 1,689 | 1,435 | -16.1% |
Top Suppliers of Wine to China in 2022:
- Chile (135.3M litres)
- France (90.3M litres)
- Spain (40.5M litres)
- Italy (26.1M litres)
- South Africa (7.4M litres)
- Argentina (6.5M litres)
- United States (4.5M litres)
- Australia (0.9M litres)
Wine Exports in China
In 2022, wine exports from China reduced remarkably to 3M litres, falling by -30.7% on the year before. In general, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 174% against the previous year. As a result, the exports attained the peak of 4.3M litres, and then declined markedly in the following year.
In value terms, wine exports fell remarkably to $41M in 2022. Overall, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 215%. The exports peaked at $83M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Wine in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 68.0 | 19.9 | 41.6 | 27.8 | -25.8% |
| Australia | 0.9 | 0.3 | 2.9 | 3.5 | 57.3% |
| Singapore | 0.4 | 0.7 | 32.6 | 3.2 | 100.0% |
| United States | 0.9 | 0.6 | 0.1 | 2.0 | 30.5% |
| France | 2.6 | 0.6 | 0.6 | 1.2 | -22.7% |
| Brazil | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Malaysia | 1.3 | 0.2 | 0.1 | 0.2 | -46.4% |
| South Korea | 0.2 | 0.2 | 0.8 | 0.1 | -20.6% |
| Democratic People's Republic of Korea | 1.6 | N/A | N/A | N/A | 0% |
| Myanmar | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Others | 6.2 | 3.5 | 3.4 | 2.4 | -27.1% |
| Total | 82.6 | 26.0 | 82.0 | 40.8 | -21.0% |
Top Export Markets for Wine from China in 2022:
- Hong Kong SAR (1612.4K litres)
- United States (335.0K litres)
- Australia (266.4K litres)
- Brazil (124.6K litres)
- France (114.4K litres)
- Singapore (106.5K litres)
- South Korea (92.4K litres)
- Malaysia (60.1K litres)
This report provides an in-depth analysis of the wine market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 564 - Wine
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
1355
This report provides an in-depth analysis of the wine market in China.
641
This report provides an in-depth analysis of the wine market in China.
348
This report provides an in-depth analysis of the champagne market in China.
439
This report provides an in-depth analysis of the grape must market in China.
537
This report provides an in-depth analysis of the sparkling wine market in China.
411
This report provides an in-depth analysis of the market for wine of fresh grapes in China.
7433
This report provides an in-depth analysis of the global wine market.
1876
This report provides an in-depth analysis of the global wine market.
261
This report provides an in-depth analysis of the global champagne market.
691
This report provides an in-depth analysis of the global grape must market.
1076
Chinese wine making dates back to ancient times, though traditionally such alcoholic drinks as huangjiu (also referred to as yellow wine) and a stronger distilled spirit baijiu were more consumed. The most celebrated and internationally recognized vine
1487
China now consumes more red wine than France, becoming the leader in wine consumption. However, experts tend to attribute this trend more to culture rather than taste peculiarities.
625
In August 2022, the wine price stood at $4.6 per litre (CIF, China), rising by 7.3% against the previous month.
384
In value terms, sparkling wine imports amounted to $3.4M in April 2023.
46
Explore the top import markets for wine in the world in 2023. Find out which countries are leading in wine imports and what opportunities they offer for wine producers looking to expand globally.
319
The global wine market is expected to reach $165 billion in 2030, growing with a CAGR of +4.5% from 2022 to 2030.
739
The global wine market revenue amounted to $130.3B in 2018, going down by -3.3% against the previous year. This...
923
In 2016, global wine market reached $X in wholesale prices. This figure reflects total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price
1425
Global wine consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
1219
The value of total imports on the global wine market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, wine imports reached X million liters in 2015, X million liters
