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Hong Kong: Stability in the average price per bottle

10.03.2011 - Vinexpo news selection

Between 2005 and 2009, the retail sales turnover including tax for wine in Hong Kong increased by 103%, while over the same period the volumes of still light wines consumed grew by 109%.
The average price of a bottle of wine therefore remained stable.
Between 2009 and 2014, the VINEXPO study predicts that the market segment with the highest growth in consumption, i.e. 67%, will be that of wines priced between US$5 and US$10 per bottle. (VINEXPO - The iwsr / 21 February 2011)

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