2014 China Imported Wine Market Report in First Quarter
Date£º
2014-07-02 16:16 Source£º
Wine Zhiku Author:
Translator:
sarah
In the first quarter of 2014,China imported wine market showed an obvious downward trend.The volume of imported bottle wines fell 18.4%,total value fell 19.8%.And volume of bulk wine imports declined by 29.1%,value fell 47.9%.The main reason may be China¡¯s economic slowdown and government¡¯s crackdown on offical luxury consumption.
Part 1:Bottled wines
In the first quarter of 2014,China imported wine market showed an obvious downward trend.The volume of imported bottle wines fell 18.4%,total value fell 19.8%.But Chile showed reverse growth,up 20.5%.
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Among China¡¯s 15 largest wine import countries,most of them showed a downturn trend,South Africa fell 40.9%,Argentina 40.4% and France 28.2%.
France is still the absolute dominator,but its market share declined by 6.5%.
France accounts for 40.2% of market share,followed by Chile (13.6%), Spain (12.7%), Australia (12.5%).Among them, Chile and Spain respectively increased by 4.4% and 2.2%.
Part 2:Bulk Wine Market
Bulk wine market also appeared a downward trend, but declined much more than bottled market.
China¡¯s total volume of bulk wine imports fell by 29.1%,total value fell by 47.9%.Spain saw 4.7% growth.Frace fell by 66.5%,Chile 26.9%,USA 40.8%.
Chile accounts for 74.2% of bulk wine market,Spain 9.5%,USA 5.5%,Australia 5.2%,France 2.4% and South Africa 1.1%.
Part 3:Average Price
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A.The country for the highest average price of bottled wine is Canada, $11.7 per liter.The second is New Zealand,about $10.8 per liter; France $5.2 per liter.
B. Average price of imported bulk wine
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The highest country is Germany,about $3.1 per liter;Followed by Italy and Canada,with $2.8 and $2.7 respectively.
Another phenomenon is that China has no record of importing bulk wine from New Zealand.