CGA Strategy releases that cork wine has shown an average CNY46.7 higher in price than screw-top products

CGA Strategy releases that cork wine has shown an average CNY46.7 higher in price than screw-top products.

From 2015 to this year, the market has seen 11% price increase in cork wine while only 6% price increase in wine with artificial top. For the consumption, cork wine grows 48% while screw-top increases in 10%. Moreover, market value of cork wine is much higher than screw-top products.

Source: Tangjiu news, 13 October, 2017