Spanish wine enters the Chinese market

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Spanish wine enters the Chinese market On November 26th, Jose Leila Gonzalez, Chief Market Analyst of the Economic and Commercial Division of the Spanish Embassy in Shanghai, said at the Spanish Wine Summit: “China will become the main overseas market for Spanish wine!”

It is reported that although Spain has the largest area of ​​wine grape growing in the world, French wines began to enter the Chinese market in 2005 as a large scale, and they have been the first place in China's imported wine sales for many years. However, Spanish wines began to enter the Chinese market only in that year.

“Because the time of entry is too late, so now the sales of Spanish red wine in China are not too high.” An industry source told reporters that the current Spanish wine imports increased faster, but French wine still accounts for half of the import volume.

As a professional brand operator of Spanish wine, Pan Yuxian, CEO of Castro Wines in Shanghai, said that Spanish wine has a market for young people in China's future, but Spanish wine lacks understanding of Chinese consumers and wine culture.

Gonzalez also pointed out that compared with the same period in 2010, the overall growth rate of Spain exceeded the average of the wine industry. In 2011, the Spanish wine exports to China reached nearly 74 million liters, a year-on-year increase of 56%, and total exports amounted to approximately 72 million euros. But this is "just an open phase." "China is in a growth phase, and it may take 20 or even 40 years for it to mature."

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