China: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in China

The Chinese wine of fresh grapes market fell to $X in 2022, which is down by -1.9% against the previous year. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +1.1% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in China

In value terms, wine of fresh grapes production reduced to $X in 2022 estimated in export price. In general, the total production indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.9% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 28%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from China

In 2022, exports of wine of fresh grapes (except sparkling wine) from China reduced remarkably to X litres, with a decrease of -32.4% compared with 2021. Over the period under review, exports, however, saw a moderate expansion. The growth pace was the most rapid in 2021 when exports increased by 176% against the previous year. Over the period under review, the exports hit record highs at X litres in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, wine of fresh grapes exports dropped dramatically to $X in 2022. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 251% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X litres), Australia (X litres) and Brazil (X litres) were the main destinations of wine of fresh grapes exports from China, together accounting for 23% of total exports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +90.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Singapore ($X) and the United States ($X) were the largest markets for wine of fresh grapes exported from China worldwide, with a combined 22% share of total exports. France, Brazil, Malaysia and South Korea lagged somewhat behind, together accounting for a further 4.4%.

Brazil, with a CAGR of +71.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wine of fresh grapes export price amounted to $X per litre, dropping by -29.4% against the previous year. In general, the export price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by 81% against the previous year. Over the period under review, the average export prices attained the maximum at $X per litre in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per litre), while the average price for exports to South Korea ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into China

Wine of fresh grapes imports into China dropped significantly to X litres in 2022, reducing by -16% against 2021 figures. Overall, imports recorded a slight setback. The pace of growth was the most pronounced in 2015 with an increase of 46% against the previous year. Over the period under review, imports reached the peak figure at X litres in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, wine of fresh grapes imports shrank to $X in 2022. In general, imports recorded a mild decrease. The pace of growth was the most pronounced in 2015 with an increase of 38% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Chile (X litres), France (X litres) and Spain (X litres) were the main suppliers of wine of fresh grapes imports to China, together accounting for 79% of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +8.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Chile ($X) and Italy ($X) appeared to be the largest wine of fresh grapes suppliers to China, together comprising 77% of total imports.

In terms of the main suppliers, Chile, with a CAGR of +8.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wine of fresh grapes import price amounted to $X per litre, surging by 3% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 14% against the previous year. As a result, import price attained the peak level of $X per litre. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per litre), while the price for Chile ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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