08.02.2011 - Vinexpo news selection
Between 2005 and 2009, wine consumption in South Korea increased by 12.23%. As the economy recovers and as a result of the bilateral trade agreements signed by the Korean government and the European Union, wine consumption is expected to grow substantially between 2010 and 2014, up 49.93%.
This growth will mainly benefit still light wines, especially reds, while the consumption of local wines, which are often blends of fruit-based products with grape-based wines, should continue to diminish.
South Korea is the 3rd largest consumer of wine in Asia behind China and Japan. (VINEXPO – The iwsr / 19 January 2011)