One year after Thailand scrapped its steep import duties on wine, consumption—particularly of premium labels—has soared. But a new study warns the policy may be costing the country far more than it gains. Read More
Thailand
King Power, Thailand’s duty-free monopoly at five major airports, is seeking to terminate its long-term concession contracts early, saying a collapse in Chinese tourism and the government’s scrapping of wine import duties have severely undercut sales and made its business unsustainable. Read More
The shortfall, compounded by the conspicuous absence of key buyers from mainland China and Hong Kong, casts a spotlight on shifting regional priorities and rising cost concerns surrounding the fair. Read More
Thailand’s wine imports surged nearly 13% in 2024, defying a global slump and signaling the rise of one of Southeast Asia’s most promising emerging wine markets. Read More
Thailand, Southeast Asia’s second-largest economy, is considering lifting its long-standing daytime alcohol sales ban in a bid to stimulate tourism and boost beverage industry revenue. Read More
Malaysia uncovered a wine smuggling case from Thailand, raising alarm that cross-border smuggling may be on the rise following Thailand's removal of wine import tariffs. Read More
EU wine exports to most Asian markets suffered setbacks in 2024 with the exception of one market that bucked the downward trend.
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Argentina exported 178,000 liters of wine to China, but the value accounts for just 6% of what is exported to the US. Read More
How much wine taxes do you have to pay for imported wines in Asia? Here, we offer a country-by-country breakdown to help wineries and importers tap into these markets. Read More