Wine imports into China in 2021

Published 2022년 1월 25일

Tridge summary

In 2021, China's wine imports experienced a decline with an 11% decrease in euros and an 8% decrease in local currency, amounting to 1.43 billion euros. This decline was predominantly observed in Australia, which saw its exports to China drop from 625 million euros to 47 million euros. However, other wine-exporting countries like France, Chile, and Italy reported growth in their exports to China, with France taking the top spot as the largest supplier. Furthermore, the Chinese market for sparkling wine experienced significant growth, with imports surging by 52% to 96 million euros, mainly driven by French sparkling wines.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The wild fluctuation of wine imports into China continued in 2021, according to the data just made available by Chinese customs (best wishes for those who want to try their hand at downloading the data, dozens of attempts are needed). Therefore, in 2021 wine imports fell by 11% in euros and by 8% in local currency, for a value of 1.43 billion euros. The decline, however, is isolated and concerns only Australia, which with duties in 2021 drops from 625 million euros to 47 million euros, ie essentially disappears from the Chinese market. Incredible. In 2019 it exported 774 million euros of wine. All the other exporters are earning, growing as you can see from the tables by 40-50%. For France, + 42% to 636 million euros and back to the top; for Chile + 45% to 281 million euros, and becomes the second supplier of the Chinese; Italy becomes the third exporter in the Chinese market, + 39% to 140 million euros. The second and perhaps most interesting news for us is that the Chinese ...

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