Analysis on the Shaoxing Wine Industry

An Expert's View about Food , Beverages and Tobacco in China

Last updated: 30 Aug 2011

Analysis on the Shaoxing Wine Industry in China - Industry Research & Statistics

According to China Shaoxing Wine Industry Profile - the industry research report issued by Zeefer Consulting, Zhejiang, Jiangsu and Fujian are the major production bases for shaoxing wine industry in China. Tianjin, Liaoning, Shanghai, Anhui, Hunan, Shandong and Inner Mongolia are the secondary distribution areas for this industry. Zhejiang has most leading shaoxing wine enterprises, and among all top 100 large shaoxing wine enterprises across China, 42 are located in Zhejiang.

In terms of market size, in 2009, shaoxing wine enterprises above designated size achieved a sales revenue of more than USD 1 billion. Total assets of enterprises inside shaoxing wine industry exceeded USD 1 billion, a rise of more than 15% on a year-on-year basis. The total number of enterprises above designated size in shaoxing wine industry was more than 100, a rise of more than 9% on a year-on-year basis. On an annual average, total employees in shaoxing wine industry exceeded 15,000, an increase of more than 4% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in shaoxing wine industry added up to more than USD 85 million, a growth of more than 1% on a year-on-year basis. A total of more than 10 enterprises suffered a loss, and the total loss of these enterprises amounted to USD 0.9 million. On average, the ratio of return on net assets in shaoxing wine industry was higher than 10%.

In terms of market position of foreign enterprises in China, in 2009, there were 7 foreign enterprises above designated size engaged in shaoxing wine production in China, accounting for more than 6% of all shaoxing wine enterprises across China. Foreign enterprises in China shaoxing wine industry achieved a ratio of return on net assets of more than 20%, higher than the industry average.

...
Full content of China Shaoxing Wine Industry Analysis:

http://www.allchinareports.com/china-beverage-industry/alcohol-drink-industry-analysis/analysis-on-the-shaoxing-wine-industry-in-china-industry-research-statistics.html

***********************************************************************************
The analyses above are extracted from the industry report: China Shaoxing Wine Industry Profile
 


Posted: 30 August 2011, last updated 30 August 2011

See more from Food , Beverages and Tobacco in China

Expert Views    
Marketing U.S. Wine in China   By Foreign Agricultural Service
China Cuts Import Tariffs for 730 Commodities on January 1   By Foreign Agricultural Service
China Imports Baby Formula   By Hong Kong Trade Development Council (HKTDC)
Hot Tips    
China 2009 Dairy and Products Annual Report   By Foreign Agricultural Service
Risk Levels for Trade of Animal Feed and Feed Additives   By Foreign Agricultural Service