US overtakes France & Italy for wine consumption
China, meanwhile, has overtaken the UK to assume fifth place in global wine consumption (when Hong Kong is included) with 156.19 million cases. Considerable potential here is indicated as notwithstanding China’s present consumption volume compared to the rest of the world, per capita consumption is still very low at about a litre compared to that in developed markets.
And Vinexpo predicts that China will overtake the US to become the largest global wine consumer over the next 20 years with European wine consumption continuing to fall.
According to Vinexpo Chief Executive Robert Beynat the UK will remain the world’s largest importer of wine by value to 2015.