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China - Wine And Grape Must - Market Analysis, Forecast, Size, Trends and Insights
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China: Wine Market Overview 2021

Wine Market Size in China

The Chinese wine market surged to $X in 2020, picking up by X% against the previous year. Over the period under review, consumption, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Wine consumption peaked in 2020 and is expected to retain growth in the immediate term.

Wine Production in China

In value terms, wine production soared to $X in 2020 estimated in export prices. Overall, production saw a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. Over the period under review, production attained the peak level in 2020 and is likely to see steady growth in years to come.

Wine Exports

Exports from China

In 2020, overseas shipments of wine and grape must decreased by -X% to X tonnes, falling for the second year in a row after eight years of growth. Overall, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2009 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, wine exports contracted sharply to $X in 2020. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Japan (X tonnes) was the main destination for wine exports from China, with a X% share of total exports. Moreover, wine exports to Japan exceeded the volume sent to the second major destination, Myanmar (X tonnes), threefold. South Korea (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+X% per year) and South Korea (+X% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for wine exports from China, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by Myanmar, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Hong Kong SAR amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-X% per year) and Myanmar (+X% per year).

Export Prices by Country

In 2020, the average wine export price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2010 an increase of X% y-o-y. The export price peaked at $X per tonne in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Hong Kong SAR ($X per tonne), while the average price for exports to South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR, while the prices for the other major destinations experienced a decline.

Wine Imports

Imports into China

In 2020, overseas purchases of wine and grape must decreased by -X% to X tonnes, falling for the third year in a row after four years of growth. Over the period under review, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, wine imports declined remarkably to $X in 2020. In general, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

Australia (X tonnes), France (X tonnes) and Chile (X tonnes) were the main suppliers of wine imports to China, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Australia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), France ($X) and Chile ($X) constituted the largest wine suppliers to China, with a combined X% share of total imports.

In terms of the main suppliers, Australia saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average wine import price amounted to $X per tonne, picking up by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 when the average import price increased by X% y-o-y. The import price peaked in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Australia ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Chile, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wine and grape must in the world?
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The countries with the highest volumes of wine consumption in 2020 were the U.S. (5.1M tonnes), Spain (3.7M tonnes) and France (3.7M tonnes), with a combined 19% share of global consumption.
What are the largest producers of wine and grape must in the world?
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The countries with the highest volumes of wine production in 2020 were Spain (5.8M tonnes), Italy (5.5M tonnes) and the U.S. (4.2M tonnes), with a combined 24% share of global production. These countries were followed by France, Pakistan, Bangladesh, Indonesia, Nigeria, China, Chile, Argentina, Iran and Democratic Republic of the Congo, which together accounted for a further 34%.
What are the leading suppliers of wine and grape must to China?
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In value terms, Australia ($713M), France ($511M) and Chile ($221M) were the largest wine suppliers to China, together comprising 79% of total imports.
What are the leading importers of wine and grape must from China?
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In value terms, Hong Kong SAR ($20M) remains the key foreign market for wine exports from China, comprising 73% of total exports. The second position in the ranking was occupied by Japan ($1.2M), with a 4.5% share of total exports. It was followed by Myanmar, with a 4.1% share.
What is the average export price for wine and grape must in China?
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In 2020, the average wine export price amounted to $1,203 per tonne, shrinking by -38.2% against the previous year.
What is the average import price for wine and grape must in China?
+
In 2020, the average wine import price amounted to $4,583 per tonne, increasing by 13% against the previous year.

Product coverage:
• Prodcom 11021130 - Champagne (important: excluding alcohol duty)
• Prodcom 11021193 -
• Prodcom 11021195 -
• Prodcom 11021211 - White wine with a protected designation of origin (PDO)
• Prodcom 11021213 -
• Prodcom 11021215 - Wine and grape must with fermentation prevented or arrested by the addition of alcohol, put up with pressure of CO2 in solution . 1 bar < 3, a t .20
• Prodcom 11021217 - Quality wine and grape must with fermentation prevented or arrested by the addition of alcohol, with a protected designation of origin (PDO) produced of an alcoholic strength of . .15 % (excluding white wine and sparkling wine)
• Prodcom 11021219 -
• Prodcom 11021230 -
• Prodcom 11021250 - Grape must (excluding alcohol duty)
• Prodcom 11041000 - Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances (excluding alcohol duty)

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:

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 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

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

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

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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