Hong Kong's wine market has yet to rebound to pre-pandemic levels. In fact, its value dropped by more than a thrid compared with 2018. Here's our full analysis on the market's performance in 2023. Read More
France
China has officially launched an anti-dumping probe into EU-produced brandy, dealing a huge blow to leading brandy and cognac producers including LVMH, Pernod Ricard and Remy Cointreau. Read More
This also means that overall imported spirits value is now more than double that of wine imports, after it first overtook wine in 2021. Read More
How did the world's top wine consumers perform between 2009 and 2022? See the changes in one chart. Read More
If the slide continues, most likely 2023 will be the worst performing year in a decade since anti-corruption clamdown. Read More
Decline is accelerating for China’s wine and spirits imports in the January-August period, sending worrying signs to the country’s drinks trade that has been pummelled by the onslaught of the country’s strict covid restrictions, supply chain price hikes and logistics nightmares for almost 3 years. Read More
Pierre Castel, one of the richest billionaires in the wine industry and founder of world’s third largest wine producer Castel, is being hit with US$416 million tax bill ordered by a Swiss court, according to a Bloomberg report. Read More
China’s wine imports in the first five months of the year continued to dip but its overall decline was lifted by growth recorded in May, while uncertainties loom as cases double in Shanghai again, posing fears of another lockdown. Read More
Despite volume decline, Japan's wine import value climbed in 2021, writes Mari Yasuda. Read More
In 2021, French wine and spirits export to mainland China surged 57% by value from 2020. Read More