France remained Hong Kong’s largest wine supplier in 2024, even as imports fell 13.11% in volume and 10.84% in value, still accounting for 64.69% of Hong Kong’s total import value. Read More
Market analysis
Once hailed as Asia’s next big growth opportunity, South Korea's wine imports have now declined for the second consecutive year, signaling a market correction after years of pandemic-fueled expansion. Read More
While China’s wine market has faced fluctuations and periods of stagnation, one category has defied the odds—white wine, led by German Riesling. Read More
Sam's Club is argulably the most successful wine retailer in China right now, and here are the top selling reds and whites. Read More
The Bordeaux Wine Council attributes the slump to high inventory levels, economic slowdown, and weaker consumer demand. Read More
Unlike their Western counterparts, who often view wine as outdated, many young Chinese see it as a trendy and aspirational drink, making them a prime target for brands. Read More
With the wine education market under pressure, WSET and its partners are navigating a tougher, more competitive landscape—one where prestige alone is no longer enough to drive enrollment. Read More
China’s imported spirits market experienced a sharp downturn in 2024, with brandy and whiskey imports plummeting under the weight of high inventory levels and waning demand. Read More
The European Union is pushing India to lower tariffs on wine, spirits, and other key exports as part of efforts to boost bilateral trade, while concerns mount over potential U.S. tariff hikes on European goods. Read More
Exports of Ningxia wine surged 125% in 2024 despite a global economic downturn that weakened wine sales, former Hong Kong Chief Executive Leung Chun-ying said … Read More