China - Sparkling Wine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSparkling Wine Prices in China
China Sparkling Wine Import Price in September 2022
In September 2022, the sparkling wine price amounted to $11.4 per litre (CIF, China), which is down by -10.8% against the previous month. In general, the import price saw a perceptible setback. The pace of growth appeared the most rapid in August 2022 an increase of 62% month-to-month. The import price peaked at $15.4 per litre in January 2022; however, from February 2022 to September 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was France ($32.0 per litre), while the price for Spain ($2.7 per litre) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Italy (-2.1%), while the prices for the other major suppliers experienced a decline.
China Sparkling Wine Imports
Sparkling wine imports into China contracted dramatically to 510K litres in September 2022, with a decrease of -17.2% compared with the previous month. Over the period under review, imports showed a pronounced decline. The most prominent rate of growth was recorded in March 2022 with an increase of 61% against the previous month. Over the period under review, imports hit record highs at 917K litres in July 2022; however, from August 2022 to September 2022, imports stood at a somewhat lower figure.
In value terms, sparkling wine imports plummeted to $5.8M (IndexBox estimates) in September 2022. Overall, imports showed a drastic downturn. The pace of growth appeared the most rapid in March 2022 when imports increased by 77% against the previous month. Over the period under review, imports hit record highs at 11M litres in January 2022; however, from February 2022 to September 2022, imports remained at a lower figure.
China Sparkling Wine Imports by Country
Italy (232K litres), France (138K litres) and Spain (97K litres) were the main suppliers of sparkling wine imports to China, together comprising 92% of total imports. These countries were followed by Germany, which accounted for a further 3.5%.
From January 2022 to September 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +3.5%), while imports for the other leaders experienced mixed trend patterns.
In value terms, France ($4.4M) constituted the largest supplier of sparkling wine to China, comprising 76% of total imports. The second position in the ranking was held by Italy ($853K), with a 15% share of total imports. It was followed by Spain, with a 4.5% share.
From January 2022 to September 2022, the average monthly growth rate of value from France amounted to -7.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Italy (-8.2% per month) and Spain (-10.6% per month).
This report provides an in-depth analysis of the sparkling wine market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11021130 - Champagne (important: excluding alcohol duty)
- Prodcom 11021190 - Sparkling wine from fresh grapes (excluding champagne, a lcohol duty)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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