China reports strong imported alcohol growth

China’s total alcoholic beverage imports including wines, beers and spirits registered strong growth in both volume and value terms in the first 10 months of the year, according to the latest figures released by China Association for Imports and Export of Wine & Spirits.

From January to October, the country imported over 1.8 billion litres of alcoholic beverages, worth about US$3.5 billion, an increase of 35.07% in volume and 13.89% increase in value over the same period last year.

Its total wine imports grew by 18.01% year on year to about US$1.9 billion, while volumes jumped 15.51% to about 505 million litres. Bottled wine imports dominated the majority of the market and were measured at US$1.79 billion,….