China Shows No Sign Of Slowing Down On Imported Wine
Date£º
2018-08-13 09:35 Source£º
www.thedrinksbusiness.com Author:
Natalie Wang Translator:
China¡¯s imported wine sector continued to grow in the first half of the year, while its domestic wine production continued its five-year decline.
China imported 385.436 million litres of wines in the first half of the year, repenting a 25.8% rise in volume year-on-year, according to the latest figures by the Chinese research film, ASKCI Consulting.
By value, the country imported US$19.81 million worth of wines, up by 9.3% over the same period last year. The report however did not disclose the source of imported countires.
Meanwhile China, which is also the world¡¯s seventh largest wine producer, continued to see a drop in its domestic wine production, after experiencing five years of consecutive decline.
From January to June, the China¡¯s bottled wine production stood at 341,000 tonnes, representing a slight dip of 1.4%.
The country¡¯s total wine production has been in decline since 2013, but the country has the world¡¯s second largest area under vine after Spain.
The country planted 847,000 hectares of vineyards, following a steady increase since 2010. Spain¡¯s area under vine is numbered at 975,000 hectares.
(https://www.thedrinksbusiness.com/2018/08/china-shows-no-sign-of-slowing-down-on-imported-wine/)