Key Market Indicators
The U.S., Germany and Japan respectively came in numbers 2, 3 and 4 in this ranking. Chinese consumption of alcoholic drinks is expected to reach 8.1 million metric tons by 2026, up 0.4% year-on-year since 2021. China's demand has grown at an annual rate of 0.3% since 2017. India, Japan and Russia were the next largest alcohol consuming countries. Exports of Chinese alcoholic drinks are forecast to reach $3.2 billion by 2026, up 2.8% year-on-year since 2021. Supply has risen at an average rate of 3.9% since 1997. The US, Germany and Japan were the next biggest exporters.