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Imported Wine Report in the First Half of Year 2020 (China )
2020-07-31

From January to June 2020, the overall volume of imported wine is 600 million liters, and the import value is 1.70 billion US dollars. The cumulative volume decline has narrowed by about 2 percentage points from January to May.

Specifically, for a single month in June, the monthly volume of imported wine list fell sharply compared with that in May, and the correction rate was more than 20%. The main alcoholic beverages are basically good: the monthly decline in the volume of wine has dropped from less than 30% while the decline is“40%” and “50%” in April and May.

DATA FROM CHINA CHAMBER OF COMMERCE OF I/E of FOODSTUFFS, NATIVE PRODUCE AND ANIMAL BY-PRODUCTS (CFNA)

In the first half of the year, the import volume of wine was 210 million liters, and the import volume was US$830 million. The cumulative decline in volume remained at a level of more than 30%.

(1) Bottled wine (including sparkling wine and wine made from fresh grapes in a container of no more than 10 liters): The import volume is 160 million liters, and the import volume is 790 million US dollars, accounting for 94.4% of the total imports of wine.

(2) Bulk wine: The import volume was 53.65 million liters, and the import value was 46.27 million US dollars, accounting for about 5.6% of the total wine imports. The cumulative volume decline was basically the same as from January to May.

DATA FROM CHINA CHAMBER OF COMMERCE OF I/E of FOODSTUFFS, NATIVE PRODUCE AND ANIMAL BY-PRODUCTS (CFNA)

In the first half of the year, with the exception of Argentina, which bucked the trend due to the outbreak of bulk wine, the other main sources of wine imports went down as a whole. Australia leads the way in terms of volume, with the cumulative volume decline being 2-3 points from January to May, and the market share rebounds slightly to 38.2%; French cumulative volume decline has narrowed by about 3 points from January to May, and its market share slightly rebounded to 26.3%; Chile's cumulative volume decline exceeded "5", the decline in the amount of money expanded by nearly 3 points from January to May, and the market share declined slightly. Italy and Spain's cumulative volume declines have narrowed compared to January-May, and are still maintained at a level of more than 30%. The market share ranks fourth and fifth respectively.

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