China's imports of Australian bottled wine continued to surge in July, recording a staggering year-on-year increase in both volume and value. However there are early signs of a potential plateau following the post-tariff rebound earlier this year. Read More
Market analysis
The Liv-ex Fine Wine 100 index, a key measure of fine wine trading on the London-based Liv-ex exchange, dropped 3.4% in the first half of 2024, highlighting a broader slowdown in the high-end wine market that mirrors similar trends in China. Read More
The downturn in Asia, driven by slumping sales in China and South Korea, contrasts with the company’s overall global growth. Read More
The Vietnamese government has proposed a significant increase in alcohol taxes, with plans to double the excise tax on wine by 2030, according to a draft regulation. Read More
It started with a promise of easy money and fine wine—an irresistible combination for Jia Shuang. Like thousands of others, he was drawn into the allure of quick profits through an online platform that claimed to turn wine trading into a lucrative venture. Read More
The real challenge lies not in consumer demand but in navigating the labyrinthine certification process that keeps many Western wines from being marketed as organic in the country. Read More
The number of catering businesses that deregistered or closed reached an alarming number of 1.056 million in first half of the year, nearly equaling the total for the entire year of 2023. Read More
Here are China's top wine importers by region based on customs data in the first half of the year. Read More
Hong Kong’s wine market continues to buckle under sluggish retail, weak tourism and exodus of locals wining and dining across the border, as shown by the city’s wine imports data. However, a leading wine importer in the city expects a turnaround by end of the year. Read More