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Hong Kong Wine & Spirits Fair Closes

Buyers & Consumers Attracted by Wide Spectrum of Wine Products

HONG KONG, Nov 11, 2018 - (ACN Newswire) - The 11th edition of the Hong Kong International Wine & Spirits Fair concluded yesterday (10 Nov). The fair, organised by the Hong Kong Trade Development Council (HKTDC), was held from 8-10 Nov at the Hong Kong Convention and Exhibition Centre (HKCEC) with a total of 1,075 exhibitors from 33 countries and regions presenting the finest wines, spirits and related products from around the world.

Nearly 19,000 trade buyers from 73 countries and regions attended the three-day fair. There was an increase in attendance from a number of important markets, including Japan, Singapore, New Zealand and Russia, while more than 24,000 public visitors aged 18 and above had the opportunity to taste and purchase wines at the Public Day on Saturday.

Hong Kong Market Matures, Wide Spectrum of Wines and Spirits on Offer

Benjamin Chau, Deputy Executive Director of the HKTDC, said: "The 11th edition of the Wine & Spirits Fair saw exhibitors offering a wider array of wine and spirits for buyers from around the world. This year we saw exhibitors promoting a greater variety of drinks than ever before, including spirits such as whiskies, gins and rums from Peru, Mauritius and Finland, as well as sakes and fruit wines from Japan and baijius and yellow wines from the Chinese mainland."

Whiskies have seen a sharp rise in popularity in Hong Kong in recent years. Attention has primarily focused on the major brands from Scotland and Japan, but the willingness of people to try whiskies from other production areas and smaller-scale brands shows that the market is maturing. Exhibitors this year presented whiskies from many different regions, including Scotland, Japan, Taiwan, the United States, France and the Czech Republic. Besides products from distilleries of various scales, a number of exhibitors also showcased whiskies from smaller independent bottling companies to suit buyers' needs.

Classes, Forums and Wine Tasting Sessions; Asia Wine Academy Returns

To provide the industry with a comprehensive trading and exchange platform, the HKTDC organised more than 70 events during the Wine & Spirits Fair, including seminars and tasting sessions for wines, whiskies, sakes, cocktails and spirits, as well as food-pairing events. The Asia Wine Academy, co-organised by the HKTDC and the Hong Kong Polytechnic University School of Hotel and Tourism Management, returned for its second edition in 2018 under the theme "Seeking Greatness: Decoding Wine Quality". Featuring Masters of Wine Jeannie Cho Lee and Sarah Heller, the classes received an enthusiastic reception from fair visitors. The Wine Industry Conference held on the first day of the fair, under the theme "Driving Growth: The Flourishing Asia Wine Market", gave participants a new perspective on understanding the Asian market.

Inaugural World of Olive Oil Brings a Taste of Italy

Since grapes and olives both require similar climate and soil conditions in which to grow, many European wineries cultivate olive trees alongside their grape vines and even produce their own olive oils. In collaboration with Veronafiere S.p.A. from Italy, the fair featured the inaugural World of Olive Oil to promote various kinds of premium olive oils, with visitors able to sample a selection of olive oils to enrich their knowledge by, for example, learning the difference between virgin and extra virgin olive oil.

"The Hong Kong International Wine & Spirits Fair always serves as a good platform to better understand the latest developments in the Asia Pacific wine market and is an important event for exhibitors looking to expand their markets. We hope the World of Olive Oil can help participants understand more about extra virgin olive oils, which form a major ingredient in the Mediterranean fine dining. The new section featured some award-winning olive oils from Italy, as well as Spain and South Africa from the international olive oil competition Sol d'Oro," said Giovanni Mantovani, CEO, Veronafiere S.p.A..

Wine & Spirits Fair Offers Perfect Platform for Mainland Buyers

The Chinese mainland market has seen strong demand for wine in recent years, especially for low- and mid-range mass-produced products, and the Wine & Spirits Fair provides the perfect place for Chinese mainland traders looking to source wine products. Charles Wu, General Manager, Hunan S E M Trading Co., Ltd, said: "French and Italian wines remain the popular items among mainland consumers, followed by those from Spain, Australia and Chile. The Hong Kong International Wine & Spirits Fair is a good place to find new wines to enrich our offerings. I have already placed an order worth US$100,000 for red wines with an existing supplier from Italy and also found a new Italian supplier and a Spanish winery for a selection of red wines. I expect to purchase wines valued at about US$100,000 from each of them."

Fair website: www.hktdc.com/hkwinefair/
Hong Kong Wine Journey: www.hktdc.com/hkwinejourney
Asia Wine Academy: http://hkwinefair.hktdc.com/dm/2018/asia_wine/index_en.html
Cathay Pacific Hong Kong International Wine & Spirit Competition: http://www.hkiwsc.com/
Product highlights and photo download: Click here https://bit.ly/2PKLaPL
For more comments from exhibitors and buyers, please visit: https://bit.ly/2JSrowr
Photo download: https://bit.ly/2AXPN0N

About HKTDC

Established in 1966, the Hong Kong Trade Development Council (HKTDC) is a statutory body dedicated to creating opportunities for Hong Kong's businesses. With 50 offices globally, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. With more than 50 years of experience, the HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing business insights and information via trade publications, research reports and digital channels including the media room. For more information, please visit: www.hktdc.com/aboutus. Follow us on Google+, Twitter@hktdc, LinkedIn.


ends

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