South Korea’s wine imports continued to decline in 2024, with data showing a 9.63% drop in value during the first 11 months of the year. Read More
Nara Cellar
Korea’s wine market continues to contract in the first half of the year, as the country’s leading importers including Nara Cellar and Lotte are reporting profit loss - more than 240% in one case. Read More
Leading wine merchants in South Korea are facing significant financial strain as the nation's wine market cools, with major importers reporting a sharp decline in sales that has cut their market value and profits by more than half. Read More