Regardless of China's baijiu consumption decreasing over the past years, the profits of baijiu manufacturers continued to grow and peaked in 2022, totaling 220.2 billion yuan. Baijiu is a traditional distilled spirit originating from China.
Profits of baijiu manufacturers in China from 2012 to 2022
(in billion yuan)
One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of September 2023).
Baijiu, also known as shaojiu or archaically as sorghum wine, is a Chinese alcoholic beverage made from grain. Báijiǔ literally means "white (clear) alcohol" or liquor, and is a strong distilled spirit.
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Sina.com.cn. (March 27, 2023). Profits of baijiu manufacturers in China from 2012 to 2022 (in billion yuan) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1222873/china-profits-of-baijiu-industry/
Sina.com.cn. "Profits of baijiu manufacturers in China from 2012 to 2022 (in billion yuan)." Chart. March 27, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1222873/china-profits-of-baijiu-industry/
Sina.com.cn. (2023). Profits of baijiu manufacturers in China from 2012 to 2022 (in billion yuan). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1222873/china-profits-of-baijiu-industry/
Sina.com.cn. "Profits of Baijiu Manufacturers in China from 2012 to 2022 (in Billion Yuan)." Statista, Statista Inc., 27 Mar 2023, https://www.statista.com/statistics/1222873/china-profits-of-baijiu-industry/
Sina.com.cn, Profits of baijiu manufacturers in China from 2012 to 2022 (in billion yuan) Statista, https://www.statista.com/statistics/1222873/china-profits-of-baijiu-industry/ (last visited December 30, 2024)
Profits of baijiu manufacturers in China from 2012 to 2022 (in billion yuan) [Graph], Sina.com.cn, March 27, 2023. [Online]. Available: https://www.statista.com/statistics/1222873/china-profits-of-baijiu-industry/