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Overall wine consumption in the country dropped by 2. To the conversation, comment on our social media channels.
EUR - Change Currency. According to Vinexpo, 40 percent of wine consumed in Asia is outside China. It's very important for Younger drinkers with money to spend are also driving a market in beer and spirits over expensive wines, analysts say. The three-day fair will include a bar showcasing cocktails for the first time, he added.
Global wine consumption increased by 3. China overtook France as the world's largest consumer of red wine inguzzling more than million 9-liter cases or 1.
It remains the region's leading wine consumer and the world's fifth-largest market for wine overall, overtaking the United Kingdom in With demand growing in other Asian markets, however — for spirits as well as wine — drinks adult version of chat roulette oakesdale washington are starting to look beyond China. A drop in official parties and dinners — part of the austerity drive — is "a of this evolution" she added.
Young middle-class drinkers from Asia's emerging economies are being targeted as China's voracious appetite for wine dries up, organizers said ahead of the region's largest-ever wine and spirits fair. In. Wine producers and retailers are looking beyond the People's Republic to grow cideo chat. All of these markets are expanding.
However, massachusetts sex chat room added, such consolidation could result in higher market quality, with fewer counterfeit wines and less "opportunists" seeking profits, rather than purchasing wine for its quality. The Vinexpo trade show, which opens Tuesday in Hong Kong and is set to attract more than exhibitors from around the world, comes as Chinese wine consumption saw its first decline in a decade last year, partly influenced by Beijing's anti-corruption measures and a more sluggish economy.
China has closed a bit of its door," she said.
Vinexpo is not just about China," said Deglise. He expected double-digit market growth in the next few years in countries such as Vietnam and Thailand, where a growing middle class is creating an aspirational new wave of drinkers.
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