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Singapore, September 9th 2022 – Vito Donatiello was invited by California Wine Institute to a breakfast meeting in which Mr Christopher Beros shared some market updates on California wines.

Analysing the USA to Asia wine export data we can easily deduce that Singapore is a very stable market while countries like Vietnam and the Philippines have suffered a lot from the pandemic.

Except for China, in all other Asian countries, US wine export value has increased. Singapore (1% of the US wine export market share) increased by almost 10%.

Singapore market trends:
Continued lockdowns and geopolitical situations lead to opportunities for Singapore
Potential for Singapore to become a gateway for the region
Evidence of premiumization with spending increased
Singapore has high online penetration
Singapore emerges as a gateway market for premium wines – by Wine Intelligence


Read the article at https://www.wineplusclub.com/is/2022/...


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