Hong Kong's Q1 2022 Wine Imports Crash by 27%
Wine Market News & Insights

Hong Kong's Q1 2022 Wine Imports Crash by 27%

Wine imports in Hong Kong in the first three months of 2022 declined in value by 27% as the fifth wave of coronavirus infections restricted mobility and shut drinking venues.

Data from the Census and Statistics Department showed that about HK$1.9 billion worth of wines from international sources entered the city between January and March.

The decline in wine imports came as the city is fighting a new wave of COVID-19 infections that began in February and peaked sometime in early March.

Much of the decrease was recorded in its top import, French wines, which value fell by 27% to HK$1.2 billion.

In the quarter, Australian wines saw a 32% slump to HK$270 million while wines from the United Kingdom and the United States also slid by 4% and 25%, respectively.

Only wines from Italy saw growth, albeit minimal, at HK$60 million.

In terms of wine categories, both imported red and white wine bottles dropped in value by 28% and 6%, respectively.

Champagne bottles were down 26% while bottles of port took a 36% dive. Imported sherry bottles increased slightly by 5%.

In March alone, Hong Kong's wine importation fell by almost 40% to HK$510 million.

Hong Kong's Top 5 Wine Exporters in Q1 2022 vs Q1 2021

Rank Country Value in 2022 Value in 2021 % Change
1 France HK$1,156,894,000 HK$1,593,125,000 -27%
2 Australia HK$270,399,000 HK$395,556,000 -32%
3 United Kingdom HK$159,036,000 HK$166,248,000 -4%
4 United States HK$60,286,000 HK$80,326,000 -25%
5 Italy HK$59,875,000 HK$58,796,000 +2%
Total HK$1,853,374,000 HK$2,531,105,000 -27%
Source: Hong Kong Customs

Bottled Wine Categories in Q1 2022 vs Q1 2021

Bottled Wine Size Value in 2022 Value in 2021 % Change
Red HK$1,618,274,000 HK$2,249,999,000 -28%
Champagne HK$109,226,000 HK$147,781,000 -26%
White HK$103,730,000 HK$110,935,000 -6%
Sherry HK$295,000 HK$281,00 +5%
Port HK$1,165,000 HK$1,821,000 -36%
Source: Hong Kong Customs

Hong Kong's Top 5 Wine Exporters in March 2022 vs 2021

Rank Country Value in 2022 Value in 2021 % Change
1 France HK$351,025,000 HK$584,934,000 -40%
2 Australia HK$46,346,000 HK$74,314,000 -38%
3 United Kingdom HK$33,612,000 HK$67,584,000 -50%
4 United States HK$16,868,000 HK$31,050,000 -46%
5 Italy HK$16,806,000 HK$15,681,000 +7%
Total HK$509,579,000 HK$833,659,000 -39%
Source: Hong Kong Customs

Bottled Wine Categories in March 2022 vs 2021

Bottled Wine Size Value in 2022 Value in 2021 % Change
Red HK$420,751,000 HK$745,329,000 -44%
Champagne HK$53,938,000 HK$38,143,000 +41%
White HK$26,434,000 HK$42,653,000 -38%
Sherry HK$31,000 HK$84,000 -63%
Port HK$502,000 HK$324,000 -55%
Source: Hong Kong Customs
Previous
Japan's Q1 2022 Wine Imports Rise 22%
Next
DBR Lafite's Chinese Wines Coming to Hong Kong, Macau This Summer

Leave a Comment

Your email address will not be published.

From Theory to Taste: Explore These Wines

90
Vinous
La Linda Sweet

La Linda Sweet

Alcohol
750ml
|
7.1% vol.
Aromatic sweet white wine with tropical fruit, lively freshness, and balance.
90
Vinous
La Linda Rosé

La Linda Rosé

Grape Varieties
100% Malbec
Alcohol
750ml
|
13.0% vol.
Bright and vivacious Malbec rosé with expressive red fruit and lively acidity.
La Linda Red Blend

La Linda Red Blend

Alcohol
750ml
|
13.6% vol.
A vibrant Malbec-Cabernet blend with fruit, spice, and a smooth, persistent finish.
La Linda Old Vines Malbec

La Linda Old Vines Malbec

Grape Varieties
100% Malbec
Alcohol
750ml
|
13.6% vol.
Elegant old-vine Malbec with ripe fruit, smooth tannins, and refined structure.
95
IWC
90
Descorchados
La Linda Malbec

La Linda Malbec

Grape Varieties
100% Malbec
Alcohol
750ml
|
13.0% vol.
Bright and juicy Malbec with pure fruit character and vibrant freshness.

Learn About Wine

Become a Wine Expert

Various wine styles displayed in different glasses, showing a range of colors from sparkling and white to rosé and red.

A Complete Guide to the Primary Styles of Wine

Discover the primary wine styles and what makes each one unique. From crisp whites to robust reds, rosé, orange, sweet, and fortified wines, this guide helps you choose and enjoy wine with confidence.
A bottle of red wine and a glass placed beside a historical book.

The Origins and History of Wine

Wine has accompanied humanity for thousands of years. From ancient China and the Middle East to Phoenician trade routes and modern cellars, its story reveals how winemaking, culture, and craftsmanship evolved across civilizations.
In a sophisticated wine cellar, a connoisseur savors the bouquet of a fine red wine.

More Than Collecting: Mastering the Art of Wine Cellaring

Master the essentials of wine cellaring: temperature, humidity, inventory, and selection to protect your wines and enjoy them at their perfect peak.