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TopWine China Newsletter
Issue: 56               
10 / 2017
China's wine imports up from January to August 2017
 

According to the latest figures from China Association of Imports and Exports of Wine & Spirits China's wine imports have continued an upward trend seen in previous months, showing increases in both volume and value in the first eight months of the year .

The country imported 474 million litres of wines worth about US$1.723 billion from January to August, representing a 15.76% rise in volume and a 8.48% increase in value.

Bottled wine imports, which took up about 91.9% of all the wine imports, grew by 12.61% year-on-year to 352.8 million litres during the period, while the value grew by 6.24% to US$1.57 billion. France still took the lion's share of the bottled wine imports market, with a 42.5% market share, but its average import price dropped by 12.7% year-on-year to US$4.8 per litre, according to the report.
 
Australia came in second in terms of import value, followed by Chile, Spain, Italy, the US, New Zealand, South Africa, Argentina and Portugal.

Thanks to Lucy Shaw, Managing Editor The Drinks Business (UK).