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
Asia
The decline in Japan's wine import value was largely driven by falling imports of sparkling wine, a category that makes up around 40% of Japan’s total value. 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
It’s one of the world’s most secretive and isolated regimes, yet North Korea has emerged as an unlikely destination for China wine exports. Read More
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
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
Japan’s sake exports grew 6% in 2024, driven by strong demand in North America and Europe, while sales in Asia, its largest market, declined. Read More
Asia was the only region where Penfolds recorded revenue growth, with NSR surging 50.4% to AUD 386.1 million (USD 243.9 million), accounting for 69.3% of total Penfolds sales. Read More
South Korea’s off-trade (retail) sector has played a key role in boosting Bourgogne white wine sales. Read More
Australian wine exports surged to AU$2.55 billion in 2024, driven by China's strong rebound, but Wine Australia warns that global headwinds and uneven growth could threaten long-term stability. Read More