Wine consumption in Italy, heavily affected by the Covid-19 pandemic, registered a tremendous drop on restaurants consumption and a consequent shift towards supermarkets*(+9%) and online (+102%) purchases compared to the same period of last year.
Continue reading “Wine performances, first semester 2020, on the Italian market: supermarkets +9%, online +102%”China lowers VAT tax for imported wine
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2019 Top 5 Wine Importers and Exporters
2019 Top 5 Wine Importers
USA is the biggest wine importers with almost 6.000 million US$ (around 5.400 million €) of bottled wine equivalent to almost 1.200 million bottles 75cl.
After the UK in the second place, China is the 3rd largest market (considering bottled wine only, if we include bulk wine Germany is the 3rd largest). Since sparkling wine is not significant, in 2019 China imported almost 2.300 million US$ (around 2.100 million €) of still bottled wines (<2 litres) equivalent to over 620 million bottles 75cl.
Continue reading “2019 Top 5 Wine Importers and Exporters”2019 China import of Italian wine (-7.6%)
Poggibonsi (Italy), 20 March 2020
In 2019 China imported bottled still wine amounted to 2.29 billion US$ (approximately 2.15 billion €) for over 474 million of litres (approximately 630 million bottles of 75cl), a decrease of -14.26% year-on-year.
Continue reading “2019 China import of Italian wine (-7.6%)”What happens to 77.8 million tonnes of grapes harvested in 2018?
Source: Organization International of Vine and Wine (OIV)
Italian wine -13% in China (2019 Jan to Aug data)
The first 8 months of 2019 confirm Australia China’s largest wine exporter, with over 550 million US$ and 35% of market share, before France (2nd with 487 million US$) and Chile (3rd with 193 million US$), according to CAWS (Chinese Association of Wine & Spirit Importers).
Continue reading “Italian wine -13% in China (2019 Jan to Aug data)”