"China is an important market for Chilean wine." According to the statistics of Wines of Chile, in 2022, Chilean bottled wine exports to China accounted for about 15% of the total export. In terms of exports, China is the largest export destination for Chilean wine. In the first half of this year, however, Chilean bottled wine exports were down 24 per cent year-on-year; In August, the volume of bottled wine exports fell 34.8 percent and the value of exports fell 26.3 percent. The main reason for all this is the "sharp decline in the Chinese market".
In 2015, when the tariff on Chilean wine entering China was reduced to zero, Chilean wine won a more rapid growth in the Chinese market. In 2018, China accounted for 16.5% of Chile's total alcohol exports.
From 28 March 2021, China has imposed anti-dumping duties on relevant wines originating in Australia. Its market share was quickly carved up by a number of wine producing countries, including Chile. In 2021, Chilean wine exports to China reached a record high of $256 million, an increase of 38.1% year-on-year and the highest share of all Chilean export destinations.
Until 2022, Chilean wine will continue to grow in the Chinese market. However, after entering 2023, Chilean wine has fallen into a "decline" predicament in the Chinese market, which is very important to it.以上翻译结果来自有道神经网络翻译(YNMT)· 通用场景