DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/c6sh42/china_grape_wine) has announced the addition of the "China Grape Wine Industry Report, 2013-2016" report to their offering.
Recent years have seen substantial growth in Chinese grape wine market. From 2001 to 2012, the grape wine output in China had shown an upward trend with the CAGR of 16.5%. However, the 18th CPC National Congress called on the restriction of spending by central government bodies on official overseas visits, official vehicles, and official hospitality, six bans, and alcohol prohibition in the military, leading to the slowdown of growth or even decline in China grape wine market. In 2013, the output and consumption of grape wine in China went down by 4.7% year-on-year and 13.7% year-on-year, respectively.
Due to the restriction of weather and geographical conditions, the grape wine production in China demonstrates higher regional concentration. In China, there are just three provinces and municipalities seeing the annual grape wine output of 100 million liters or more. Among these, the largest grape wine producers come to Shandong (the Bohai Bay area) and Jilin (Tonghua), with the combined output in 2013 amounting to 712 million liters or 64% of the national total. In Shandong, Chardonnay, Carbernet Sauvignon, Merlot, and Carignane are major grape wine varities. Also, planting bases of homegrown grape wine producers like CHANGYU, Great Wall and Dynasty are located in Shandong.
With China's accession into the WTO, China's import tariff on grape wine was reduced from 65% to 14%, bringing a large inrush of foreign wines into the Chinese market. In 2012, the wine import volume of China reported 394 million liters, equivalent to 2.4 folds of the figure in 2008. In 2013, the Ministry of Commerce launched anti-dumping and anti-subsidy investigations on made-in-EU wines. Together with the impact brought by the government call to restrict the spending by the central government bodies on official overseas visits, official vehicles, and official hospitality, China's total import volume of grape wine witnessed a year-on-year decline of 4.5%. In 2013, China's import volume of bottled wine accounted for 74% of the total, with France as the major import origin.
Key Topics Covered:
1. Overview of Grape Wine Industry
2. Status Quo of China Grape Wine Industry
3. Competition Pattern of China Grape Wine Industry
4. Major Enterprises
5. Conclusion & Prediction
- CITIC Guoan Wine Co.,Ltd
- China Foods
- Gansu Huangtai Wine-Marketing Industry
- Gansu Mogao Industrial Development
- TONTINE WINES
- Tonghua Grape Wine
- Yantai Changyu Pioneer Wine
- Yantai Grand Dragon
For more information visit http://www.researchandmarkets.com/research/c6sh42/china_grape_wine