In 2023, China's wine stock stood at an estimated level preceding the forecasted increase starting in 2024. The forecast indicates a consistent upward trend in wine stock, crescendoing from 83.0 thousand metric tons in 2024 to 138.0 thousand metric tons by 2028. Significantly, year-on-year growth is projected, with notable increases of around 18.1% in 2025, 13.3% in 2026, 12.6% in 2027, and 10.4% in 2028. Over this period, the compound annual growth rate (CAGR) suggests a robust expansion annually.

Future trends to observe:

Potential shifts in consumer preferences and demographic trends impacting wine demand.
Economic influences and trade policies affecting wine imports.
Innovations in viticulture and winemaking practices within China.