Key Market Indicators
China is set to become the fourth-largest importer of beverages in the world by 2026. In 2021, the country was already the world's fourth-largest importer of alcoholic drinks, with imports worth $7.2 billion. Germany was the top importer, followed by the United Kingdom and China. China is also set to become the fourth-largest exporter of alcoholic drinks by 2026. In 2021, the country exported $2.7 billion worth of alcoholic beverages, up 3.9% year on year since 1997. Chinese imports and exports of beverages are set to continue growing in the next five years. Imports of beverages are expected to reach $8.8 billion by 2026, with an average growth of 3.3% year on year. Exports of alcoholic drinks are forecast to reach $3.2 billion by 2026, with an average growth of 2.8% year on year.
