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On February 18, the Wine Importers and Exporters Branch of the China Chamber of Commerce for Food, Soil and Livestock Importers and Exporters released the import and export situation of wine in 2024. On the whole, in terms of exports, in 2024, China's wine exports will end all year. The total export value was US $1.90 billion, up by 6.0%; Exports totaled 750 million liters, up 5.1%. In contrast, in terms of imports, imported wine in 2024 is generally weak, and the decline in volume continues to slow down. A total of 830 million liters, a slight increase of 1.4% year-on-year; The total was $4.38 billion, down 6.2%. Imported spirits, beer pressure, wine growth is not reduced

In terms of spirits, import data show that the cumulative amount of spirits throughout the year has maintained a high decline, and the decline in quantity has been further narrowed. Imports amounted to US $2.13 billion, down 24.1%; Imports were 110 million liters, down 7.5 percent, accounting for 48.6 percent of total imports. Among them: Brandy continues to speed down. Brandy since June, all the way accelerated the decline, the annual total amount of 1.23 billion US dollars, a decline of nearly 30%; Volume 35.03 million hectolitres, down 19.1%, the share of total spirits imports fell to 58.0%. The whiskey slowed down a bit. The cumulative amount for the year was US $450 million, down 22.8%; Volume 29.19 million litres, down 10.5%, accounted for 21.2% of the value of spirits imports.

In terms of wine, in 2024, imported wine has opened the trend of Changyang since the strong "return" of Australian wine, and the cumulative import value of the year is 1.59 billion US dollars, an increase of 37.2%; Imports of 280 million litres, an increase of 13.6%, accounted for 36.4% of the total imports of alcohol. Among them: bottled wine accelerated growth. The cumulative import value was US $1.51 billion, up 38.9%; Imports were 170 million litres, up 8.5%, accounting for 94.9% of total wine imports. Bulk wine continues to grow. The cumulative import value was US $80.77 million, up 12%; Imports increased by 22.9% to 110 million litres, accounting for 5.1% of total wine imports. In terms of beer, the cumulative volume decline for the whole year narrowed to single digits. Imports amounted to US $550 million, down 5.7%; Imports fell by 4.0% to 410 million litres, accounting for 12.6% of total alcohol imports. French spirits exports are stalling, with Australia holding onto the top spot

According to the data, from the whole year of 2024, the overall trend of imported spirits was pulled down by the two market giants of France and the United Kingdom. France's volume and price declines have expanded to double, and its share has shrunk slightly. In the United Kingdom, the same volume price fell, the price decline expanded, but the volume decline slowed down slightly, especially the volume decline narrowed significantly, and the market share changed little. After the evolution of Australian wine's return to the market for nearly a year, the imported wine market pattern in 2024 has been stable and formed. Since the return of Australian wine, Dayang has long been scorched, and the increase in the quantity and price multiple has not decreased, and the market share has been swallowed throughout the year, ranking first; The volume of France continued to decline, the price maintained a single-digit increase, and the share continued to decline, ranking second; The rate of decline of Chile and Italy has expanded, the rate of increase of the price of the United States has narrowed, the rate of decline of Spain is still high, and the shares of the four have decreased slightly. Among them, bottled wine, the market pattern has also been reshaped, Australia returned to the top of the year, leading the market all the way, France, Chile, Italy, Spain, the performance of the year is not ideal, the market share has declined to varying degrees. In the head camp, Germany's annual volume decelerated sharply to single digits, the price was basically stable, the market share increased slightly, the Dutch volume maintained a high increase, the average price maintained the same level of decline, Belgium continued the momentum of volume decline, and the three combined to cut nearly half of the market share. Liquor accounted for 51% of the total export, still the largest category of export wine

Export data show that in 2024, baijiu continues to be the largest category of export wine, accounting for 51% of the total export wine. The annual export volume was 970 million US dollars, an increase of 20.4%; Export volume 16.42 million liters, an increase of 6.3%; The average price is $59.0 / l, up 13.3%. A total of 95 destination markets were exported throughout the year, with Hong Kong, China being the largest and most stable export market, with a high price increase and a single-digit increase in quantity. Beer is the second largest export category, accounting for nearly 25% of total alcohol exports. The value of exports was US $470 million, up by 3.3%; Exports were 670 million litres, up 7.3%. A total of 115 destination markets were exported throughout the year, and Taiwan and Myanmar were the head markets for beer exports, with the former increasing in volume and the latter declining. Wine accounted for 1.7% of the total wine exports in the year, and exported to 39 destination markets during the period, with the market quota concentrated in the single market of Hong Kong, China.