BestWineImporters’ Post

https://lnkd.in/dgqjh9ah The Netherlands is the 6th largest wine importer in the world, an industrialized nation with a GDP of $1117 billion U.S. dollars, high purchasing power, and a very modest internal wine production. These factors created a diverse and mature network of wine importers and distributors that constantly adapt to the latest trends. With a record value of wine imports of USD 1.66 billion, the Netherlands is more attractive than ever as a wine market and more and more wine producers are trying to get a reliable wine importer or distributors in the European country.

Wine Import Trends and Wine Importers in China – BestWineImporters 2024 Update Despite recent declines in import volume, China’s massive market and rising wine enthusiasm among city dwellers keep it a crucial wine destination. As the country moves past COVID-19 restrictions, the wine trade is poised for renewed expansion and the Chinese wine importers are becoming more active. https://lnkd.in/dqbd-SrR

Australian wine producers are taking on the challenge of re-engaging with the Chinese market now that the duties on Australian wine have been removed. However, it won't be an easy task as wine consumption and imported wine have both dropped by around 70% over the past 5 years. With a surplus of 450 million litres, the industry will have to either reshape the Chinese wine market or restructure their own industry. This decrease in wine consumption and surplus is presently the reality all over the world, and whatever happens with Australian wine can certainly happen to other wine regions. It's a pivotal moment for the Australian wine industry and the global wine market.

Exporters of wine to Japan face challenges including identifying importers. #japan #wine #exports #exporters #exporting #exports #smeexporters #exportdevelopment #exportpromotion #globaltrade #interationaltrade #crossbordertrade

Australian wine production has reached a significant turning point, with white wine surpassing red wine production for the first time in 12 years. The latest Wine Australia report reveals total production at just over 1 billion litres - the second-smallest output in 17 years and 16% below the 10-year average. While white wine production increased by 20%, red wine saw a 2% decrease, reflecting strategic industry adjustments to address oversupply issues. Despite the reopening of the Chinese market and overall sales reaching 1.08 billion litres, the industry faces ongoing challenges with global wine consumption projected to decline over the next five years. Source: https://hubs.la/Q02__ShN0 Download the complete Australian Wine Production, Sales and Inventory Report 2024 for detailed insights into market trends and industry forecasts. #AustralianWineIndustry #MarketTrends #WineProduction

Total Australian wine exports increased in value by 17 per cent to $2.2 billion in 2023–24, the highest level since the 12 months ended September 2021, according to a new Wine Australia Export Report. #WineExports #AustralianWine #ExportGrowth #WineAustralia #GlobalMarket

Overview Of World Wine Exports Changes in 2023 Various factors led to 2023’s 6.3% decrease in global wine exports. The figure now stands at to 99.3 million hL, the lowest since 2010. In this short review, we’ll take a look at how the structure of global exports has changed by type of wine. Bottled wine, defined as containing less than 2 litres, accounted for 53% of trade volume globally in 2023. This category has decreased by 6% in value compared to 2022. However, the average export price observed in 2023 was 4.7 EUR/L, a 3% increase over 2022. Read more: https://lnkd.in/d2xbWszG

Toast to this really great result for the Australian export wine market 🍷- an outcome driven by China warming back up to Australian wine, with booming value increases resulting from the Mainland China/Hong Kong markets, and a small but marked increase in export value to the UK. Conversely, the US/Canada reported a slight drop in value. This is a great reflection of how Australian exporters are right to focus increasing attention on regional neighbours in ASEAN/APAC to scale. #wine #Australianwine #beverageexports

Who Are China’s Top 50 Wine Importers? Uncover the Key Players Dominating the Market. #ChinaWineImporters #TopWineImporters #WineIndustry #MarketLeaders #WineTrade #IndustryInsights #WineBusiness #GlobalWineMarket #WineDistribution #KeyPlayers