Friday, April 08, 2016

Vinexpo Returns to Hong Kong

The world's leading wine and spirits expo Vinexpo returns to Asia this year from 24 to 26 May 2016 at the Hong Kong Convention & Exhibition Centre. Expect a showcase from top wine and spirits producers from over 34 countries, notable wine personalities and more than 60 dynamic events presenting the latest trends and developments.    
Vinexpo CEO Guillaume Deglise recently hosted a sharing session at Italian restaurant Alba 1836 in Singapore to present what trade visitors can expect from the upcoming Vinexpo in Hong Kong plus interesting trends and forecasts to 2019 from the International Wine and Spirits Research study.    
I share some nuggets (not the McDonald's kind lah. Moohehe) below.

Global Wine Consumption
- Expected to continue to grow to 2019
- Several European countries like France, Italy and Spain have seen decreasing wine consumption over the past few years and this downward trend is predicted to continue to 2019
- The top 3 wine exporters in 2014 are Italy followed by France and then Spain

Global Spirits Consumption
- Baijiu is the most consumed spirit in the world!
- While global rum, gin and vodka consumption are predicted to decline, Scotch whisky, bourbon and tequila consumption are expected to show strong growth

Singapore Wine Consumption
- Wine consumption by volume grew by 11.45% from 2010 to 2014; expected to slow down to 1.95% from 2015 to 2019 but with higher growth in the sparkling wines segment
- Overall wine consumption per capita expected to decline 6.4% from 2015 to 2019 but growth predicted in the sparkling wines segment
- 2015 consumption showed red wine is still majority at 70.3% followed by white wine at 27.9% and rose at 1.7%
- Rose wines are predicted to grow the fastest going into 2019 (The Hungry Cow's comment: "Given the ever increasingly hot weather and the versatility of food pairing with rose wines, I am not surprised. Moohehe")
- Australia is still the number one supplier of wines to Singapore though the figures are declining. Chile and New Zealand have demonstrated the strongest growth in terms of wine exports to Singapore

Singapore Spirits Consumption
- Spirits consumption is expected to continue to grow with estimated increase of 10.3% between 2015 and 2019
- Whisky is the top spirit consumed in Singapore; other spirits predicted to increase include gin and tequila

Highlights of Vinexpo Hong Kong (24-26 May 2016)
- Exhibitors from over 34 countries including France, Italy, USA, South Africa, China, Portugal, Spain, Argentina etc
- Product breakdown: 55% wine, 32% sparkling wine, 13% spirits
- Exhibitors include Louis Roederer, Concha Y Toro, Gaja, Batasiolo, Duckhorn Wine, Paul Jaboulet Aine etc
- New this year! Complimentary one to one meetings which are pre-scheduled and targeted to save time between buyers and producers. This was tested at Vinexpo Bordeaux 2015 and produced 80% conversion rate.
- Italian wines will take centre stage with a special focus
- Shiraz will be the highlighted grape variety on 26 May 2016 with a conference, masterclass, food and wine pairing workshop, and wine tastings all built around the wine

The all-Italian line-up of that evening at Alba 1836. The Blanc de Blanc was lovely with citrus and toasty notes while the Gavi provided a refreshing, clean-tasting appeal.   

I also came across the representative from Coravin who demonstrated how this nifty device can extract wine from a bottle without introducing air into the bottle and hence preventing oxidation.  

Thank you Vinexpo and GHC Asia for the invitation.

Vinexpo Hong Kong
24 to 26 May 2016

Chew On This: Vinexpo hits Tokyo for the first time on 15 to 16 November 2016!


essay papers for sale said...

Oh these statistics are so great and alarming as well. The consumption of alcohol and spirit are so high around the globe. Nice effort guys :)

Tech IT Solutions said...

I am so happy to see this wine expo again here in Singapore this year.This wine expo bring not only opportunities for its consumers but also bring a great opportunity for wine providing vendors.