Wine exporters to China wary of future challenges

Wine exporters to China wary of future challenges

Margaret River producers are moving far more slowly and with greater caution since trade resumed with what was once the region’s biggest trading partner

IWSR: Sparkling Wine a Rare Bright Spot in China’s Slowing Alcohol Market

Sparkling wine emerged as a bright spot in China, but according to IWSR, the market will face continued pressure. Between 2024 and 2029, the overall Total Beverage Alcohol (TBA) category is expected to contract at a -1% CAGR, while wine is projected to decline -3% annually. Read More The post IWSR: Sparkling Wine a Rare Bright Spot in China’s Slowing Alcohol Market appeared first on Vino Joy News.