What is the price of wine per kilogram/pound in China today?
The retail price range for China wine is between US$ 7.84 and US$ 21.57 per kilogram or between US$ 3.56 and US$ 9.78 per pound(lb). Click here to see today's exact prices of wine in China
The retail price range in Yuan Renminbi for wine is between CNY 55.01 and CNY 151.28 per kilogram or between CNY 24.95 and CNY 68.61 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China wine is between US$ 5.49 and US$ 15.10 per kilogram or between US$ 2.49 and US$ 6.85 per pound(lb).
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China Wine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wine from China over the last five years has been quite volatile. In 2012, the price was 3.97 US dollars per kg, which dropped to 2.68 US dollars per kg in 2013. However, the price rose sharply to 6.87 US dollars per kg in 2014 and further to 16.72 US dollars per kg in 2015. The highest price of 19.56 US dollars per kg was recorded in 2016, after which the price dropped to 15.76 US dollars per kg in 2017 and 15.26 US dollars per kg in 2018. The price then dropped significantly to 4.98 US dollars per kg in 2019 and further to 3.40 US dollars per kg in 2020. The price has been on the rise since then, with 6.27 US dollars per kg in 2021 and 5.17 US dollars per kg in 2022. Based on the trend, it is predicted that the export price per kilogram of Wine from China will be around 6.00 US dollars per kg in 2023 and 5.50 US dollars per kg in 2024.The China wine exports are categorised as:
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
- Sparkling wine of fresh grapes (HS code 220410)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
China Wine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wine into China over the last five years has been quite volatile. In 2016, the price was at its highest at 19.56 US dollars per kg. This was followed by a sharp decline in 2017 to 15.76 US dollars per kg. In 2018, the price remained relatively stable at 15.26 US dollars per kg. However, in 2019, the price dropped significantly to 4.98 US dollars per kg. This was followed by a further decrease in 2020 to 3.40 US dollars per kg. In 2021, the price increased to 6.27 US dollars per kg and in 2022, it decreased slightly to 5.17 US dollars per kg. Based on this trend, it is likely that the import price per kilogram of Wine into China in 2023 will be around 4.00 US dollars per kg and in 2024, it will be around 5.00 US dollars per kg.Export values for China wine
The total values in export for wine in China were US$ 573,740, US$ 470,180, US$ 401,144 and US$ 126,819 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in China: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of wine in other countries across Asia: Kazakhstan wine, Kyrgyzstan wine, Tajikistan wine, Turkmenistan wine, Uzbekistan wine, China wine, Hong Kong wine, Macao wine, North Korea wine & Mongolia wine.
China wine - Production, Exports, Imports, Seasons and HS Codes
In 2019 China shipped 23,637 tonnes of wine. In 2019 alone, the demand for China wine (processed category) has reduced, flactuating by -10.064 per cent compared to the year 2018. Between 2017 and 2019, wine's exports decreased by -20.78 pc netting the exporter US$126.82m for the year 2019. China's wine exports are categorised as:
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
- Sparkling wine of fresh grapes (HS code 220410)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
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China wine export values
In 2019, China supplied wine worth 126.82m USD, a contraction of -68.39% from 2018's total wine export of 401.144m USD. The yearly change in value of China wine between 2017 to 2018 was -14.683 percent.
The per year change in the amount of China's wine exports between 2017 and 2019 was -20.78% in comparison to a variation of -10.064% in the period between 2018 and 2019.
China's stake of the world's total wine's exports in 2019 was 27.7 per cent. The country is ranked position 1 in world exports of wine.
Export markets for China wine ( in '000$ )
China's best performing destinations for wine are Hong Kong, France, North Korea, Myanmar and US.
Import/Export Trends
China is a net exporter of wine. The annual growth of China wine in value between 2015 to 2019 was -4%, per year, while annual growth in quantity was -5%, per annum.
China bought 627,743 tonnes of wine in 2019.