The three export markets for wine to watch in 2019

1. Singapore (37%)

 

This year, china finally surpassed Japan as the most attractive export market for winemakers worldwide, but industry insiders believe Singapore will be the market to watch over the next five years.

Polled over the highest potential for new wine markets over the coming five years, wine exporters mentioned Singapore, the Czech Republic and Taiwan most often.

Last month global wine investment advisor Cult Wines opened its first office in Singapore.

Singapore’s wine market could grow by 5.1% over the period 2016–2021 from US$1b in 2016 to reach a market value of US$1.4bn by 2021, according to recent data published by analytics firm GlobalData

And three in trouble, based on a four-point scale from -2 to +2…

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