China: baijiu production per month 2024

In October 2024, China produced around 340 thousand kiloliters of baijiu. This represented a significant decrease compared to the figure for the same period in 2023.

Baijiu industry in China

Though the demand for whiskey and other spirits in China saw a rapid growth in past years, baijiu remained the most consumed spirit in China, taking up around 94 percent of liquor retail sales. Baijiu is considered the national spirit in China, made by fermenting cooked sorghum or sometimes other grains. More than half of the baijiu produced in China was from Sichuan province, where four out of 19 public listed baijiu manufacturers are located.

Kweichow Moutai

With its stock prices rocketing up by nearly 50 percent in 2020, China's high-end baijiu enterprise Kweichow Moutai ranked as the third-most valuable company in Asia, next to the tech giants Alibaba and Tencent. Consumers stock up baijiu from this prestigious alcohol brand not only for the purpose of enjoyment but also as an investment. A bottle of vintage Moutai can go for as much as 10 million yuan in an auction.

Production of baijiu in China from October 2022 to October 2024 (in 1,000 kiloliters)

Characteristic	Production in thousand kiloliters
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Release date

December 2024

More information

Region

China

Survey time period

October 2022 to October 2024

Supplementary notes

According to the source, the figures for January and February were grouped together to curb the effect of the Chinese New Year which falls between January and February.

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, here it refers to 65 percent alcohol by volume.

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