Hong Kong wine sales to increase by 11% annually

Wednesday, 23 October, 2013
Andy Young, The Drinks Business
The Hong Kong Trade Development Council is predicting that the total wine sales in Hong Kong will rise by 11% a year from 2013 to 2017.
Since the scrapping of duties on wine and beer in 2008, Hong Kong’s wine-related business has experienced robust growth, as total wine imports into Hong Kong increased by 182%, reaching a value of $1billion in 2012. The total export value increased to $230 million in 2012.

Hong Kong has further developed into a wine trading and distribution centre for the region, particularly the Chinese mainland, according to Qiliang Zhou, deputy director of HKTDC.

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