日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Industries

China may overtake UK in wine consumption

By Xu Junqian in Shanghai | China Daily | Updated: 2018-02-06 10:06
Share
Share - WeChat
A foreign merchant presents wines to visitors during the 10th Yantai International Wine Exposition in Yantai, East China's Shandong province.[Photo by Tang Ke/for China Daily]

China is likely to displace Britain as the world's second largest wine consumer, in terms of value, by 2021, according to research from Vinexpo, one of the largest exhibitions for wine and spirits professionals globally, and the UK-based International Wine and Spirit Research.

The growth rate of the Chinese wine market is estimated to exceed 30 percent over the next five years, starting from 2017 onward, and attain a size of $23 billion in 2021, second only to the US.

"The growth of value (in China) is mainly led by the increase of volume," said Guillaume Deglise, CEO of Bordeaux, France-based Vinexpo, at a news briefing in Shanghai.

In mature markets such as France and US, a more sophisticated consumption behaviour is occurring as people are buying fewer, but better products, Deglise said.

Wine priced between $5 and $20 per bottle remains the dominant choice of Chinese consumers. The premium sector, which means wine priced at $10 to $20 per bottle, saw year-on-year growth of 11.4 percent in China during 2017, while the super-premium, meaning those priced over $20, increased by 1.8 percent only.

Despite the robust growth of China, which, together with the US, helped turn the tide from sluggish sales in Europe, annual per capita consumption in the world's most populated country is "incredibly low", at around 1.4 litres per year, which is less than two bottles.

"It's a good problem to have. Should China drink like Australia (28.9 litre per year per person), we will see a great shortage of wine producers," said Deglise.

But not every wine producer is or will be benefitting from China's whetted appetite for the beverage. The country's domestic manufacturers are actually suffering consecutive declines.

Vinexpo forecast that by 2021, domestic wine consumed by Chinese people would be around 1.01 billion (9-litre) cases, down from 1.1 billion cases in 2016.

Latest figures from the National Statistics Bureau showed that in 2017, China produced one million kiloliters of wine, down 5.3 percent year-on-year. It also marked the fifth year that domestic wine production fell after the central authorities' anti-corruption campaign hit sales.

While consumption has been gradually picking up over the past two years, mainly by what industry insiders called "real drinkers" instead of gift-givers or banquet-hosts, imported wines have become the key growth engines of the market.

A consumer survey by UK consultancy Mintel showed that origin of the wine was the most decisive factor for Chinese consumers when picking a bottle, and France remains the most popular country of origin for them.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 久久草精品| 国产伊人网 | 亚洲精品视频免费观看 | 免费国产一区二区 | 亚洲高清在线观看视频 | 91视频免费在线观看 | 国产中文字幕免费 | 色综合中文网 | 午夜剧场在线 | 亚洲精品亚洲人成人网 | 在线免费观看av网址 | 国产精品入口麻豆九色 | 国产理论片在线观看 | 99久久视频| 国产资源av | 欧美激情16p | 午夜视频免费在线 | 日韩黄色免费网站 | 午夜男人影院 | 国产午夜激情 | 久操久操久操 | 手机av不卡 | 最新av在线免费观看 | 欧美久久久 | 久久免费久久 | 午夜免费网址 | 久久久久免费 | 黄色裸体视频 | 亚色视频 | 黄色av网| 免费在线观看你懂的 | 日韩毛片在线看 | 人人超碰97 | www久久com | av在线免费播放网站 | av手机版 | 国产精品96| 欧美日韩综合一区二区三区 | 草草影院国产第一页 | 日本成人性视频 | 99在线视频播放 |