Major players in Hong Kong wine market

France is the largest supplier of wine to Hong Kong accounting for approximately 32 percent  of red wine imports and 25 percent of white wine imports by volume. France's share of the red wine market continues to increase and increased by 4.7 percent in 2008.

Australia is the second largest source of red and white wine with approximately 21 percent and 19 percent respective market share by volume. In 2008 Australia's market share decreased by 1.25 percent.

In 2008 Chile was the third largest source for red wine and white wine in Hong Kong with 14 percent and 12 percent market share respectively by volume. The USA (13 percent) and Spain (six percent) were the fourth and fifth largest players for red wine in Hong Kong while New Zealand and Italy were the fourth and fifth largest suppliers of white wine.

In volume terms, the top three suppliers of red wine achieved double digit growth in 2008 – France by 26 percent, Australia by 18 percent and Chile by 50 percent.

Of the top ten countries, only five countries recorded growth by volume for white wine in 2008. The growth rates for those five were France by 36.5 percent, Australia by 3.7 percent, New Zealand by 10.5 percent, Spain 11.7 percent and Germany 35.7 percent. The other five countries in the top 10 experience negative growth, Chile (-10.3 percent), Italy (-1 percent, United States (-2.7 percent) South Africa (-27.4 percent) and Argentina (-27 percent).

New Zealand is the fourth largest source of white wine by volume. Imports of white wine from New Zealand increased by 10.5 percent in 2008 and now represent 10.6 percent of the white wine market. However, New Zealand is a small player in red wine. The import value of reds from New Zealand in 2008 accounted for only 1.2 percent of the market, however, in volume terms, red wine imports from New Zealand increased by 81 percent during 2008.