China could lift its punitive tariffs on Australian wine before the end of June, according to former Australian Ambassador to China, signalling a key step to bring the bilateral wine trade back on track. Read More
wine trade
France’s wine and spirits exports reached record high in 2022 thanks to inflation, making it the second largest export after aerospace goods. Read More
While Bordeaux remains a crowd pleaser in Asia, Singapore and South Korea departed from the overall trend and showed more diversity last year, according to Liv-ex data. Read More
China’s wine trade is sanguine about a long-awaited reboot in wine market this year after the country abandoned its zero-covid policy, but the optimism is tempered with caution as the recovery will likely be rocky. Read More
Uncertainties loom over China’s wine market despite swift reopening amid a set of alarming data that showed disappointing import figures and large-scale losses suffered by the country’s wine importers. 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
China's wine import data for the first half of the year is out, and Hong Kong could cut hotel quarantine as early as this Tuesday. Read More
ProWein 2022 in Dusseldorf, the biggest wine trade fair in Europe, was successfully hosted on 15-17 May, the first comeback after a two-year hiatus but its 38% drop in visitor number raised doubts among the wine industry towards its future editions. Read More
Global wine consumption recovered in 2021 in both volume and value but challenges loom big including global supply chain bottleneck and energy crisis caused by Ukraine war, and China’s persistent market downturn. Read More