In 2023, China's wine export volume stood at 26.92 thousand metric tons. The forecasted data indicates a gradual decline over the next five years, with figures dropping from 26.74 thousand metric tons in 2024 to 26.01 thousand metric tons by 2028. This represents a year-on-year decrease of approximately 0.67% for 2024, 0.67% for 2025, 0.67% for 2026, 0.68% for 2027, and 0.69% for 2028. The Compound Annual Growth Rate (CAGR) over the forecast period reflects an average annual decrease of about 0.7%.
Trends to watch for in the future include changing global demand for Chinese wine, potential geopolitical influences on trade, domestic production shifts, and evolving consumer preferences. Monitoring these factors will be crucial to understanding and predicting further changes in export volumes.
