Forecast: Wine Production in China

Over the past decade, China's wine production has experienced fluctuations, with a notable dip in 2020 consequent to a decline from 1.92 million metric tons in 2019 to 1.61 million metric tons. By 2023, production stood at 1.97 million metric tons, with a year-on-year growth of 0.61%. From 2018 to 2022, the CAGR was 0.7%, climbing slightly to 0.5% over the last five years.

In the coming years, a steady but modest increase is forecasted, with a CAGR of 0.48% through 2028, and an expected 5-year growth rate of 2.43%. This suggests ongoing recovery and a gradual uptrend in wine production for China.

Future trends to watch for:

  • Emerging consumer preferences for domestic wines influenced by quality improvements.
  • Impact of regulatory policies on domestic wine production and import tariffs.
  • Potential influence of climate change on viticultural regions.
  • Technological advancements in vineyard management and wine production.

Top Countries about Wine