Australian wine exports surge despite Covid and China’s tariff threat
Australian wine exports surged 4% on steady global demand in the 12 months ended in September amid a pandemic and tariff threats from its most profitable market – China.
Tag: China
China’s wine imports continue to slide in first nine months
China’s wine imports in the first nine months of the year continued a worrying double-digit slide, but rush for importers to stockpile Australian wine before punitive tariffs hit resuscitated imports in September.
Australian mining magnate eyes to buy Penfolds
Australia’s mining magnate, Andrew Forrest, is eyeing to buy the iconic Australian wine brand Penfolds, after its parent company Treasury Wine Estates floated the idea of demerging the brand earlier this year.
China to reopen borders for foreigners
Foreigners with valid residence permits for work, personal matters and family reunion will be allowed to enter China again.
Vinitaly wraps its ‘first internationally attended’ roadshow in China
Is the coronavirus pandemic behind China? Response from Vinitaly China roadshow seems to suggest so.
Wine imports are drying up in China
Despite successfully containing the coronavirus spread within mainland China, China’s wine consumption has yet to bounce back to pre-covid level.
Italian wine exports to China are drying up
Italian wine exports to China saw the sharpest drop among its top export markets.
WSET student numbers hit by Covid, as US becomes biggest market
WSET’s global student number took a hit because of Covid-19, and China is no longer its biggest market.
China on-premise report 2020 released
The newly released 2020 China On-Premise Report provides rare and important data about “on-premise distribution and the best selling wines in China”, according to its introduction.
Australian wine exports dip while wines premiumize
The average value of Australian wines exported reached its highest level of the past 15 years, but its total value saw a slight dip of 1% for the 12 months ended in June this year, due to social distancing measures enforced globally to contain coronavirus pandemic.