CHINA’S WINE PRODUCTION DROPPED 10.4% IN 1ST THREE QTRS
By David Ma
According to latest data released by China’s National Statistics Bureau, a total of 3.03 million hectoliters (mhl) of wine was produced in the first three quarters of this year, representing a drop of 10.4% year-on-year.
Judging from the low production in the first three quarters, China looks set to have a decline in wine production sixth year in a row this year. Total wine production in 2018 was 6.29 mhl.
Last year’s number represented a slump of 37.16% from 10.01 mhl in 2017, and was much lower than industry forecast of 9.78 mhl.
The continual decline in domestic wine production, coupled with the earlier reported 16.4% drop in wine imports in the first three quarters, shows that China’s wine market is still on the slide.
China has the second biggest area under vines at about 0.85 million hectares after only Spain, however the country’s wine production has been in decline since 2014.
In 2018, China dropped from 7th to 9th place in the global wine production league table to just after Portugal.
(the writer can be contacted at: DavidMa@thewinechronicle.com)
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