China - Wine - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
France, Australia and the Netherlands Were the Main China’s Wine Destinations in 2014
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 vineyards are situated in Ningxia, as well as in Beijing, Xinjiang Autonomous Region, Yantai, Hebei, Jilin, Sichuan and Shanxi. Yantai-Penglai is the largest wine-making region, providing X% of China's wine, with more than X wineries.
Some experts remark that increasing demand for wine in China is likely to be the fruit of westernization. In the past, wine used to be exclusively consumed by government officials and higher classes, whereas at present, wine is gaining more popularity among the middle class and lower income groups.
If we turn to taste preferences, Chinese consumers mostly opt for mild red wines, such as Cabernet Sauvignon, Merlot and Shiraz blends. However, summers in China may be hot, and during this time demand for Sauvignon Blanc, Chardonnay and Pinot Grigio peaks. Well balanced, smooth and fruity wines perfectly supplement Chinese dishes, although many Chinese choose sweet dessert wines such as ice wines, Port, and Tokaji.
In 2014, the main foreign destinations of China's wine were France (X%), Australia (X%) and the Netherlands (X%). The share of France increased (+X percentage points), while the share of the Republic of Korea illustrated negative dynamics (-X percentage points). The shares of the other countries remained relatively stable throughout the analyzed period.
In 2014, France and Chile were the main suppliers of wine with a combined share of X% of total China's imports. However, the fastest growing suppliers from 2007 to 2014 were France (+X% per year), South Africa (+X% per year) and Spain (+X% per year). France significantly strengthened its position in China's import structure, from X% in 2007 to X% in 2014.
Source: IndexBox AI Platform
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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Webinar: Global Pineapple Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global pineapple market.
Wednesday, August 19th, 2020 @ 10:00 am ET
Webinar: Global Strawberry Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global strawberry market.
Thursday, August 20th, 2020 @ 10:00 am ET
Webinar: Global Chicken Meat Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global chicken meat market.
Saturday, August 22nd, 2020 @ 10:00 am ET