China Grape Wine Market Outlook to 2016
Recent years have seen substantial growth in Chinese wine market. From 2001 to 2012, the 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 wine market. In 2013, the output and consumption of wine in China went down by 4.7% year-on-year and 13.7% year-on-year, respectively.
By region, the consumption in China wine market varies a lot in terms of development. For now, China’s southeast coastal regions, including Shanghai, Guangdong, Fujian and Zhejiang where are economically developed, have achieved provincial-level market scale valuing RMB1-3 billion, city-level market scale valuing RMB100 million, and county-level market scale valuing RMB10 million. However, in the north and the vast central and western regions, the wine consumption is still at a stage of market incubation, with the exception of such cities as Beijing and Chengdu.
Inquire this Report before buying @ http://www.chinamarketresearchreports.com/contacts/inquire-before-buy.php?name=114796 .
China wine industry is to enter into a stage for structural adjustment after 2013 (for instance, de-stocking targeting wine dealers, wine producers’ orientation to low-and medium-end market), in order to pop the market bubble for a comeback to the right track. It is estimated that the CAGR of wine consumption in China between 2013 and 2016 will post 9.7%.
Complete report spread across [80] pages available @ http://www.chinamarketresearchreports.com/114796.html . Read more on “China Grape Wine Industry Report, 2013-2016” report below.
The report highlights the followings:
• Production scale, import & export, consumption, market price and operation of China wine industry;
• Industrial
By region, the consumption in China wine market varies a lot in terms of development. For now, China’s southeast coastal regions, including Shanghai, Guangdong, Fujian and Zhejiang where are economically developed, have achieved provincial-level market scale valuing RMB1-3 billion, city-level market scale valuing RMB100 million, and county-level market scale valuing RMB10 million. However, in the north and the vast central and western regions, the wine consumption is still at a stage of market incubation, with the exception of such cities as Beijing and Chengdu.
Inquire this Report before buying @ http://www.chinamarketresearchreports.com/contacts/inquire-before-buy.php?name=114796 .
China wine industry is to enter into a stage for structural adjustment after 2013 (for instance, de-stocking targeting wine dealers, wine producers’ orientation to low-and medium-end market), in order to pop the market bubble for a comeback to the right track. It is estimated that the CAGR of wine consumption in China between 2013 and 2016 will post 9.7%.
Complete report spread across [80] pages available @ http://www.chinamarketresearchreports.com/114796.html . Read more on “China Grape Wine Industry Report, 2013-2016” report below.
The report highlights the followings:
• Production scale, import & export, consumption, market price and operation of China wine industry;
• Industrial