Wine imports to China continued the resilient growth trend seen in the first half of the year, increasing its total import volume and value from January to July.
The country’s total wine imports in the first seven months of the year amounted to 407.37 million litres. This is an increase of 15.49% by volume and 7.65% by value, as shown by the latest figures from China Association of Imports and Export of Wine & Spirits.
Traditionally, wine sales in the second half of the year increase, thanks to the country’s Mid-Autumn Festival, Christmas and other major online shopping festivals.
Bottled wine imports rose by 14.05% to 303.2 million litres.
France is still leading the bottled wine imports value with 42.6% share of the market, followed by Australia and Chile. Together the three countries take up 77.3% of the market. Georgia, currently the twelfth biggest wine exporter to China, has seen sharp growths in both volume and value (up more than 120% each from small bases) thanks to the newly signed Free Trade Agreement between the two countries.