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In the first four months of 2019, Australia becomes the first wine exporter, in value, in China

France was exceeded and lost -31% during the period. Chile, on the other hand, leaps from third to first place for volumes shipped to Beijing
China, the overtaking of Australia

It had been in the air for a while, the graphs that summarize the trend of wine exports to China show for months the collapse of France and the impetuous growth of Australia: in the first four months of 2019 wines from beyond the Alps lost the scepter of the most imported, in value, from Beijing, after a drop, yet another, of -31%, with Australian wines that, growing in the same period of +1.3%, become the best-selling on the largest market in Asia, as reported by Euromonitor International. In the meantime, Italy increases again, at least according to ISTAT data, with a value trend of +7.9% (40.8 million euros).

On the volume front, on the other hand, Chile has become the leading supplier, overtaking Australia and France, despite a drop in Chinese imports, again in the first quarter of 2019, of -20%, with a consequent fall in value of -15%. Important steps backwards, but China remains the destination of choice for the future for those who produce wine and not only: the forecasts for 2022, in fact, speak of a growth in alcohol consumption at the rate of +10.1% per year, with the wine market that weighs, and will continue to weigh, for 18.4%, with an overall growth of 74% in two decades.

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