Singapore, the wealthiest wine market in South East Asia

David BECK AI & Blockchain / Lecturer & Research

Singapore is strong, stable and full of millionaires

A major exporter with a population of less than 5.8m people, Singapore has one of the highest GDPs per capita in the world, at $64,000. Annual domestic wine consumption is about 2 litres per person.

Amongst the top ten high potential countries, Singapore Wine sector ranked second on the Opportunity Score and was valued at US$1,266.5 million in 2018, making it a key market for wine manufacturers to target. The Singapore Wine market is strong, registering 5.7% CAGR for 2013-2018 and is predicted to increase to 7% by 2023. Singapore’s wine sector ranks third amongst the world’s top ten wine markets in US dollar terms in 2018.*

We collected wine lists of 100 restaurants in Singapore: leading red wines

1. Chianti Classico
2. Toscana
3. Barolo
4. Marlborough
5. Brunello di Montalcino

6. Margaret River
7. Barossa Valley
8. Mendoza
9. Chateauneuf-du-Pape
10. Napa Valley

11. Pauillac
12. Margaux
13. McLaren Vale
14. Barbaresco
15. Rioja

1. Tenuta San Guido
2. Chateau Pichon Longueville Comtesse de Lalande
3. Cloudy Bay
4. Ornellaia
5. Tignanello

6. Cos d’Estournel
7. Gaja
8. Chateau Haut-Brion
9. Chateau Mouton Rothschild
10. Antinori

11. Cape Mentelle
12. E. Guigal
13. Solaia
14. Casa Lapostolle
15. Henschke

*Meininger’s and Business Wire