Australia’s annual wine exports contracted 11% in value to AU$2.01 billion but Wine Australia is sanguine about its future as it is seeing “the tail end of the decline” in exports to mainland China. Read More
Asia
Japanese wine drinkers will have to dig deep to pay for their favorite bottles as wine retailers and merchants in the country pass on price hikes to end consumers as Japanese yen continues to depreciate. Read More
Australia has appointed two country managers for Japan and South Korea to grow Australian wine as it tries to diversity and intensify Australian wine exports during "a really challenging time" amid sharp export drops to China. Read More
As travel resumes, Korean Air has revamped and unveiled its newly introduced wine selections for its first class, business and economy classes, which will be served on board starting from March 2023. Read More
ProWine Singapore staged from September 5-8 in the lion city became the only major sourcing platform for southeast Asian countries since the pandemic and will be an annual event instead of biennial trade fair. Read More
Average adult Koreans drank 53 bottles of soju, 83 bottles of beer last year despite declining alcohol consumption. Read More
Japanese alcohol exports passed a milestone in 2021 by surpassing the ¥100 billion mark for the time fueled by strong demand for its sake and whisky. Find out which countries are buying the most from Japan. Read More
Japan’s largest wine region Yamanashi is in a drive to achieve organic viticulture, using AI technology to stave off possible disease outbreak. Read More
Shinji Hori, President of Asia’s leading fine wine merchant Enoteca, reveals the growth drivers behind the Japanese wine company’s expansion in the past two years and how the wine conglomerate is tackling the ever-tightening squeeze on wine prices. Read More
ProWine Singapore, one of the region’s most important marketplaces for wines and spirits, will return for its third edition from September 5 to 8 at Singapore Expo, four years after its last edition as it aims to chart a growth map for the drinks trade in the post-pandemic Southeast Asian market. Read More