Key Market Indicators
Chinese Wine Consumption is set to reach 2,840 Thousand Metric Tons by 2026 from 2,740 Thousand Metric Tons in 2021, growing 0.6% year on year CAGR. Since 2017, Chinese demand increased 1% year on year. France, the United States and Italy respectively were numbers 2, 3 and 4 in this ranking.
Chinese Wine Production is set to reach 2,214,300 Metric Tons by 2026 from 2,035,900 Metric Tons in 2021, growing 1.4% year on year average rate. Since 1983, Chinese supply jumped by 2.4% year on year. The country was number 5 in 2021, the United States overtook at 2,035,900 Metric Tons. France, Spain and the United States respectively ranked numbers 2, 3 and 4 in this ranking.
China Wine Market Data and Forecasts
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