The Market for Wine Import in China to 2023 - France Was the Largest Source of China's Wine Imports in 2018, Followed by Australia and Chile

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Mar 19, 2019, 13:45 ET

DUBLIN, March 19, 2019 /PRNewswire/ -- The "Research Report on Wine Import in China, 2019-2023" report has been added to ResearchAndMarkets.com's offering.

According to this market survey, there is neither well-developed wine culture nor well-known wine brands on the Chinese market.

Most Chinese consumers find it difficult to identify the types and grades of wines. Therefore, low-end imported wines prevail in China. Some inferior wines are even sold at high prices by the advantage of marketing techniques.

China's wine market will become standardized as consumers grow more mature and the market is better regulated. But it may take 5 to 10 years or longer. It is important for wine importers to select brands and products suitable for the Chinese market and spread consumption concept in a way acceptable to Chinese consumers.

Market Summary

With the improvement of living standards and the change of lifestyle, the demand for wine in China keeps increasing. China is the fifth largest wine consumer in the world. The fixed wine consumer groups in China are no longer limited to the middle class and the well-heeled.

An increasing number of young people are starting to drink wine, and some middle-aged and elderly people are becoming wine drinkers for health reasons. At official banquets and business dinners, the consumption of Chinese spirits far exceeds that of wine but the gap in market share is narrowing.

The development of e-commerce boosts wine sales in China - and consumer groups vary greatly in preference and purchasing power. The output volume and quality of domestic wine can hardly be improved, and wine making costs more in China than in other countries, which pushes up the import volume of wine in China.

Many Chinese wine producers repackage imported bulk wine to produce a wine of their own brands. As the Chinese government has no special restrictions on wine import, the number of wine importers in China stays above 5,000 in recent years.

According to this analysis, the import volume of wine in China reached 729.68 million liters in 2018. It decreased as compared to 2017 but increased by about 80% as compared to 2013.

About 20% of China's wine imports are bulk wine in containers holding more than 10L, and the rest are bottled wine in containers holding 10L or less. In 2018, the import value of wine in China reached USD 3.91 billion, increasing by about 6.5% as compared to 2017.

France was the largest source of China's wine imports. The value of China's wine imports from France was about USD 1 billion in 2018, decreasing by nearly 9% YOY.

Australia was the second largest source of China's wine imports. The value of China's wine imports from Australia was about USD 700 million in 2018, decreasing by 3.5% YOY.

Chile was the third largest source of China's wine imports. The value of China's wine imports from Chile was about USD 340 million, increasing by 4.5% YOY.

In 2018, the average import price of wine in China was lower than 6 USD/liter, which shows that China's wine imports are mostly medium-to-low end products.

Key Topics

Economic and policy environments of wine import in China
Wine import in China from 2013 to 2018
Major sources of China's wine imports
Product segments and prices of wine imports
Major wine importers in China
Forecasts on wine import in China from 2019 to 2023

List of Topics Covered

1 Overview of the Wine Industry
1.1 Definition of Wine
1.2 Classification of Wine
1.3 Industry Chain of Wine

2 Development Environment of China's Wine Industry
2.1 Economic Environment
2.2 Policy Environment
2.3 Social Environment

3 Analysis on Supply of and Demand for Wine in China
3.1 Analysis on Supply of Wine in China
3.2 Analysis of Demand for Wine in China
3.2.1 Wine Consumer Groups in China
3.2.2 Consumption Volume of Wine in China

4 Wine Import in China, 2013-2018
4.1 Analysis on Scale of Wine Import in China
4.1.1 Import Volume of Wine in China
4.1.2 Import Value of Wine in China
4.2 Analysis of Average Import Price of Wine in China
4.3 Analysis of China's Reliance on Wine Imports

5 Analysis of China's Wine Imports by Type
5.1 Analysis of Bottled Wine Import in China
5.1.1 Sources of China's Bottled Wine Imports
5.1.2 Import Volume of Bottled Wine in China
5.1.3 Import Value of Bottled Wine in China
5.1.4 Average Import Price of Bottled Wine in China
5.2 Analysis of Bulk Wine Import in China
5.2.1 Sources of China's Bulk Wine Imports
5.2.2 Import Volume of Bulk Wine in China
5.2.3 Import Value of Bulk Wine in China
5.2.4 Average Import Price of Bulk Wine in China
5.3 Analysis of Sparkling Wine Import in China
5.3.1 Sources of China's Sparkling Wine Imports
5.3.2 Import Volume of Sparkling Wine in China
5.3.3 Import Value of Sparkling Wine in China
5.3.4 Average Import Price of Sparkling Wine in China

6 Major Wine Importers in China
6.1.1 Enterprise Profiles
6.1.2 Analysis on Wine Business

7 Prospect of Wine Import in China, 2019-2023
7.1 Factors Influencing Wine Import in China
7.1.1 Major Driving Forces and Market Opportunities
7.1.2 Threats and Challenges
7.2 Forecast on Import Volume of Wine in China
7.2.1 Forecast on Total Import Volume
7.2.2 Forecast on Structure of Wine Imports
7.3 Forecast on Demand for Wine Imports in China

For more information about this report visit https://www.researchandmarkets.com/research/fftr5j/the_market_for?w=5

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