Hong Kong’s wine importation at the start of the new year fell to HK$876 million.
Based on data from the Census and Statistics Department, wines entering the city from international sources dropped by 27% year on year in January.
Wines from its top importer, France, went down 22% in value to HK$518 million.
Australian exporters, who in the past months have shipped more wines to Hong Kong, delivered around HK$167 million worth of wines in the month, 41% lower compared to the same month in the previous year.
Italian wines that entered the city also dwindled by almost a fifth to HK$25.3 million.
Only wines from the United Kingdom and Chile saw growth in the month, climbing by 40% and 88% in value, respectively.
In terms of bottles, imported red wines went down by 28% to HK$778 million while imported champagnes decreased by 43% to HK$39 million. Ports and sherries coming from abroad also declined by 51% and 9%, respectively. Only imported white wines posted a yearly increase in January, rising by over a quarter to HK$49 million.
Hong Kong’s Top 5 Wine Exporters in January 2022 vs 2021
Rank | Country | Value in 2022 | Value in 2021 | % Change |
1 | France | HK$518,299,000 | HK$664,926,000 | -22% |
2 | Australia | HK$166,882,000 | HK$281,162,000 | -41% |
3 | United Kingdom | HK$87,264,000 | HK$62,534,000 | +40% |
4 | Italy | HK$25,349,000 | HK$31,104,000 | -19% |
5 | Chile | HK$16,013,000 | HK$8,540,000 | +88% |
Total | HK$876,249,000 | HK$1,203,333,000 | -27% |
Wine Categories in January 2022 vs 2021
Bottled Wine Size | Value in 2022 | Value in 2021 | % Change |
Red | HK$778,221,000 | HK$1,088,061,000 | -28% |
Champagne | HK$38,842,000 | HK$67,695,000 | -43% |
White | HK$49,117,000 | HK$38,936,000 | +26% |
Port | HK$488,000 | HK$997,000 | -51% |
Sherry | HK$179,000 | HK$196,000 | -9% |