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Did you know Chinese On Premise consumers in 2024 say that their weekly visitation to bars, restaurants and similar venues is +19 pp higher than the global average according to CGA by NIQ's REACH survey? Wine Australia's latest export report until the June 2024 just shows the how important a market like China is to the local Australian Wine industry. But to understand the route to market in China there cannot be an oversight of the importance of the role of On Premise for consumers. To understand more about the Chinese On Premise consumer get in touch at [email protected] #China #Wine #OnPremise #Exports #Consumerinsights

South Australia benefits from wine exports to China 🍇🍷 Just two months after China lifted punitive tariffs on Australian wines, Australia has quickly regained its position as China’s second-largest wine exporter; South Australia has exported nearly $80 million worth of wine to China in the first month after the removal of duties. This impressive figure accounts for over 92% of Australia’s total wine exports to China, marking a significant recovery for the region's wine industry. Following three challenging years of trade disruptions and natural disasters, this resurgence provides much-needed relief and optimism for wineries. 🤔 Do you think Australia will soon become the top wine exporter to China again? #australia #wineries #china #export

Wine Australia has reported that Australian wine exports grew by 17 per cent in value to $2.2 billion in 2023-24, the highest level since the fiscal year ended September 2021, owing to a jump in exports to Mainland China during the past three months. #fmcg #insidefmcg #business #brand #wineexport #value

Wine Australia has released its latest Export Report, showing exports up 34 per cent by value and 7 per cent in volume for the 12 months ending September 2024, both reaching their highest levels in three years. In a statement on the report on Tuesday, Wine Australia said exports of $2.39 billion and 643 million litres were the best since August 2021. According to the release, growth was “driven by the re-entry of Australian wine exports to mainland China following the removal of import duties” on bottled wine in March this year. Exports to mainland China were up by $604 million to $612 million, and volume rose 58 million litres to 59 million litres. Exports to all other destinations were stable by value at $1.78 billion and 3 per cent lower in volume at 585 million litres. #manufacturing #australianmanufacturing #foodandbeverage #foodandbeverageindustry #wine #wineindustry #china #exports

Australian wine exports have reached a three-year high, thanks to the re-entry into its most lucrative market China, according to the latest data released by Wine Australia. But can it sustain? #news #australia #wine #china #exports #winetrade #sales #tariff #lift #australianwine #market #business #analysis

Bordeaux wines, like many other French wines, are facing increasingly intense competition. The strategy of claiming that our French wines are the best is losing its appeal. Many competitors are now adopting a consumer-focused approach that emphasizes marketing and communication. I have had the opportunity to speak with vineyards on several occasions, and it is disappointing to observe that they often have a very short-term vision, seeking only ways to fill their boxes by the end of the year. Having had the chance to live in different Asian countries, I noticed that the branding of our wine brands, as well as the promotion of our French regions and terroir, is almost nonexistent. Solutions do exist, but very few are willing to revisit their strategies. #wine #asiamarket #frenchwines #strategy #branding

China's July imports data is out, and we have looked behind the data. 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. Growth momentum has slowed, as month on month growth rate in July dropped. White wine demand continues to grow as we have previously reported and in July this was confirmed again as imports from New Zealand and Germany boomed. More in our detailed analysis here. #news #china #wine #wineimports #imports #trade #winenews #australia #market #analysis #germany #newzealand #france #exports #whitewine #penfolds

Unlike the widespread declines seen in 2023, in the first half of 2024, only two provinces on the top 10 list experienced a decrease in import value, with wine imports in Anhui province in eastern China surging more than 1000% during the period. #news #china #wine #imports #top10 #wineimports #analysis #customsdata #market #business #anhui #fujian #shanghai

🇦🇺🍷👉📈 What are some overlooked export markets for ANZ winemakers? Based on the summaries provided, some overlooked export markets for ANZ winemakers could be: 1. The United States - Still wine exports to the United States remain steady despite a general decline in French wine exports, indicating the market's resilience and potential for growth [28]. 2. Hong Kong - Value exports to Hong Kong increased by 74% in 2023, showcasing it as a significant alternative market for Australian wine exports, especially in the context of China's tariffs on Australian wines [29]. 3. The UK - New Zealand wine sales in the UK market outperformed the industry average with a 7.7% increase in sales value and a 5.6% increase in volume in 2023 [6], and overall export value to the UK has not dipped for French wines [28]. This demonstrates the UK's potential as a stable and growing market for ANZ wines. 4. Asia-Pacific region - Nimbility's efforts in helping wine producers find import and distribution partners in the APAC region [5] underscores the opportunities available in this diverse market for ANZ wine producers looking to expand their footprint. 5. Emerging markets mentioned without specific data but referred to as needing adaptation by the French wine industry to ensure future growth [28]. While the summary does not specify which emerging markets, the indication is that there are untapped or underexploited opportunities that could also be relevant for ANZ winemakers. 👉 Read more here: https://lnkd.in/dHrYVhGG #winery #winemaking #wineindustry #performance #marketing

Lot of excitement about the potential comeback of Australian wine in China. However, the Chinese wine market has been undergoing a transformation that started years before the 2020 Australian wine import ban. Chinese consumers are drinking less wine, importing less wine and local production is also a fraction of what it was. The gap left by Australian wine was not filled by imports from the other big origins France, Italy, Spain and Chile. For Australian wine to regain its No 2 position (behind France), Chinese consumers are going to have to drink more wine or there will have to be a battle for market share. #wine #exports #australia #china #globaltrade Trade Data Service