Grape Market Overview in China
In value terms, grape production rose significantly to $ in estimated in export prices. Overall, production recorded a buoyant expansion. The pace of growth was the most pronounced in 2019 with an increase of % against the previous year. Over the period under review, production hit record highs in and is likely to continue growth in the near future.
The average yield of grapes in China amounted to tonnes per ha in , growing by % compared with the year before. The yield figure increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2015 when the yield increased by % year-to-year. The grape yield peaked in and is likely to continue growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In , the total area harvested in terms of grapes production in China expanded to ha, surging by % against the year before. Over the period under review, the total harvested area indicated a prominent expansion from 2007 to : its figure increased at an average annual rate of +% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, grape harvested area increased by +% against 2017 indices. The pace of growth was the most pronounced in 2014 when the harvested area increased by % against the previous year. Over the period under review, the harvested area dedicated to grape production attained the peak figure at ha in 2015; however, from 2016 to , the harvested area remained at a lower figure.
The size of the grape market in China expanded significantly to $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of % y-o-y. Over the period under review, the market hit record highs in and is likely to see steady growth in the immediate term.