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
wine imports
Imports of Australian wine saw a significant month-on-month decline of as much as 60% by value. The sharp decline comes after months of steady restocking by importers and is further complicated by sluggish sales in the domestic market, highlighting broader challenges for the industry. Read More
China's imports of Australian bottled wine continued to surge in July, recording a staggering year-on-year increase in both volume and value. However there are early signs of a potential plateau following the post-tariff rebound earlier this year. Read More
Hong Kong’s wine market continues to buckle under sluggish retail, weak tourism and exodus of locals wining and dining across the border, as shown by the city’s wine imports data. However, a leading wine importer in the city expects a turnaround by end of the year. Read More
Driven by economic pressure and an oversupply of wine, these flash sales are becoming a lifeline for cash-strapped merchants while simultaneously posing challenges to wineries' financial health and sustainable growth. Read More
Here are China's top 50 Wine Importers operating today, based on assessment of import value, volume, sales revenue, marekt reputation, portfolio, and corporate activity. Read More
Following the removal of tariffs, Australian wine exports have surged in the month of April, jumping by more than 675% in volume and an explosive 8300% in value, boosting China's overall wine imports. Read More
For the first time since the second half of 2018, China’s wine import market has shown signs of recovery. Bottled Australian wine imports saw explosive growth in late March. Our full analysis of customs data here. 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
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