On a green hill at the outskirts of the city port of Patras at Peloponnese peninsula, some 200 km west of Athens, are the headquarters of Achaia Clauss, a legendary winery in Greece with a history going back to the 19th century, which has conquered the hearts of both Greek as well as foreign wine lovers. Amidst the economic crisis which has hit all sectors of the local economy in recent years, the company founded in 1861 by the Bavarian Gustav Clauss and run by Greek entrepreneurs for decades today looks to the future going East, as far away as China, Tonia Rapti, our tour guide, told Xinhua during a visit on Saturday [1 March 2014]…Full Article: Xinhua Mar 2014

Key point

  • Achaia Clauss produces 6 million liters of wine annually, with 70% of production destined for the export market (~40 countries)

ChinaAg Comment

  • From 2007 to 2012, mainland China’s bottled wine imports skyrocketed from 42.2 million liters to 264.2 million liters (+525%), while equivalent import values increased from US$184 million to US$1.37 billion (+648%). France was the top supplier and saw its import market share (by volume) increase from 37% to 48% over the same time period. In a distant second was Australia, with an import market share that dwindled from 21% to 13%. The next largest suppliers, Spain and Chile, each saw their market share increase two percent, accounting for a 10% and 8% share in 2012, respectively. All other suppliers (71 countries) collectively saw their market share decline from 28% to 22%.

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