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Jun 10, 2015

China - Wine - Market Analysis, Forecast, Size, Trends and Insights

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The Secret Behind The Chinese’s Love For Red Wine

China's wine market showed steady growth, rising from X million tonnes in 2007 to X million tonnes in 2013. Annual growth rate stood at X%. In value terms, it expanded with a CAGR of X%, reaching X billion USD in 2013.

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. Being a highly positive color in China's culture, red encapsulates luck, wealth, as well as power - fundamental values in business circles. Moreover, this is the color of China, while white is perceived as the color related to death. Whereas red wine is a staple for banquets where partnerships are sealed, the white color is predominantly associated with funerals.

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.

Domestic production dominated in supply and held about X% in physical terms and X% in value terms. That is why overall market dynamics is defined by production dynamics. Wine production showed similar dynamics over the last few years. From 2007 to 2013, China's wine production expanded to X million tonnes. In value terms it reached X billion USD.

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.

 

Source: IndexBox AI Platform

Product coverage:
wine.


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 2025.


Country coverage:
• China.


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


1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
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 Professional Edition PRO
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2017
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2017
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2017
Table 2:
Market Volume, In Physical Terms, 2007–2017
Table 3:
Market Value, 2007–2017
Table 4:
Per Capita Consumption In 2007-2017
Table 5:
Imports, In Physical Terms, By Country, 2007–2017
Table 6:
Imports, In Value Terms, By Country, 2007–2017
Table 7:
Import Prices, By Country Of Origin, 2007–2017
Table 8:
Exports, In Physical Terms, By Country, 2007–2017
Table 9:
Exports, In Value Terms, By Country, 2007–2017
Table 10:
Export Prices, By Country Of Destination, 2007–2017
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2017
Figure 2:
Market Value, 2007–2017
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2017
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2017
Figure 5:
Trade Balance, In Physical Terms, 2007-2017
Figure 6:
Trade Balance, In Value Terms, 2007-2017
Figure 7:
Per Capita Consumption, 2007-2017
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2017
Figure 21:
Production, In Value Terms, 2007–2017
Figure 22:
Imports, In Physical Terms, 2007–2017
Figure 23:
Imports, In Value Terms, 2007–2017
Figure 24:
Imports, In Physical Terms, By Country, 2017
Figure 25:
Imports, In Physical Terms, By Country, 2007–2017
Figure 26:
Imports, In Value Terms, By Country, 2007–2017
Figure 27:
Import Prices, By Country Of Origin, 2007–2017
Figure 28:
Exports, In Physical Terms, 2007–2017
Figure 29:
Exports, In Value Terms, 2007–2017
Figure 30:
Exports, In Physical Terms, By Country, 2017
Figure 31:
Exports, In Physical Terms, By Country, 2007–2017
Figure 32:
Exports, In Value Terms, By Country, 2007–2017
Figure 33:
Export Prices, By Country Of Destination, 2007–2017
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