2017 China Imported Wine Data & Analysis IV – Bulk Wine
Starting 2017 the Chinese Custom sub-divided the formerly bulk wine category (packing larger than 2 liters) into 2 branches: i) large-pack wine (custom code: 220422) with a packing size > 2 liters but ≤ 10 liters; and ii) bulk wine (custom code: 22042900), which its packing is > 10 liters, though their custom duties are still 20% and remain no change. For consistency, we combined the two branches’ data so to compare of those in 2016 to see their trend. Obviously the (combi
2017 China Imported Wine Data & Analysis III – Sparkling Wine
The sparkling wine market rebounded from 2016’s drop to 2017’s +33.03% (-7.9%) and +4.57% (-3.25%) growth in value and volume respectively. While this niche drink market occupied only 2.69% in value and 1.75% in volume to the total imported wine market in China. The average unit price (per liter) increased 27.2% from 2016’s US$4.51 to 2017’s US$5.74. The import value was in line with the 45%/55% import ratio in first half and second half of the year as the bottled wine sect
Update - Duty and Taxes of Wine Charged by the Chinese Custom
Although the Chinese Custom splitted the bulk wine category effective 2017 from the formerly packing larger than 2 liters into two sub-divided categories (see chart below, 220422 & 22042900), while the custom duties are still remained the same at 20% (all taxes are calculated based on CIF or C&F price). * Also known as consumption tax The editor believed this new division helps the Chinese Custom to count and tabulate a wine consuming pattern which reflects more precisely a n
2017 China Imported Wine Data & Analysis II – Bottled Wine
The below chart shows the main division of the imported wine into China in 2017, bottled wine with a volume not more than 2-liter (≤ 2L) packing, which occupied shares of 91% and 74% to the total import by value and volume respectively: The top 5 players fetched 90% of the market, French wines was still the market leader who occupied over 40% of the market share, while Australian wines accomplished a stronger growth to minimize the lead. Bulgarian wines performed a remarkabl
2017 China Imported Wine Data & Analysis I - General Overview
The Chinese Custom released a week ago the wine import data in the different divisions as the below chart: *1 The percentage point in the bracket denotes the weighted ratio to the total value and volume respectively. *2 The Chinese Custom generated this new division for statistical purpose starting 2017 which may refer to large bottle sizes like Double Magnum/Jéroboam (3L), Jéroboam (Bordeaux) (4.5-5L), Impérial/Muthusalem (6L) and Salmanazar (9L). The growth rates of 2017 to