Singapore, one of the Four Asian Tigers, is powered by a multi-billion economy driven by financial services, tourism and manufacturing. The country’s diverse, well-educated and affluent population appreciates quality wines and the local wine importers usually have selections that include both top and emerging brands from around the world.
Singapore has long stood as a dynamic hub for wine distribution across Southeast Asia. Here’s the latest on wine importers Singapore, market trends, and what’s shaping the trade through 2025.
Singapore: Asia’s Wine Gateway
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In 2023, the total value of wine imports into Singapore, including re-exports, reached US$980 million. Of this, US$436 million (≈44 %) was re-exported, underscoring Singapore’s essential role as a regional transshipment center
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Per-capita wine consumption has risen to 2.6 L, up from approximately 2 L in 2020
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Premium wine now accounts for 23 % of the market (bottles priced S$70+), and saw 11.3 % growth in H1 2024 B. Market Growth & Economic Forces
Although the broader F&B sector faced challenges—Q3 2025 sales dipped 2.8 % year-on-year, while 3,500 restaurants closed in 2024—the wine market remains resilient
Global projections reflect continued optimism: Inkwood Research forecasts Singapore’s wine market growing at a CAGR of 5.77 %, reaching about US$947 million by 2030. Strategy& projects US$231 million of growth from 2024–2029 at a CAGR of 4.9 %
The Competitive Landscape: Who Are the Wine Importers in Singapore?
Back in 2020, Singapore had an estimated 400–500 wine importers, with a mix of full-scale importers and many niche or part-time players serving restaurants or expat communities
Today, while exact updated figures are scarce, the importer ecosystem remains vibrant:
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The presence of a thriving premium segment suggests importers are increasingly specializing in high-end portfolios.
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A softening F&B sector may be driving consolidation—larger importers gaining share as smaller operators face margin pressures.
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Singapore’s status as a transshipment hub continues to attract both global and regional importers leveraging its infrastructure and logistics advantage.
Outlook: What’s Ahead for Wine Importers Singapore?
| Trend | What It Means for Importers |
|---|---|
| Premiumisation | Opportunity to focus on curated, high-margin wines |
| Resilient import volumes | Stable demand even amid broader F&B slowdowns |
| Transshipment hub | Entrust Singapore as a regional distribution anchor |
| Market consolidation | Potential merge/acquisition activity among importers |
With a market consistently growing mid-single digits despite economic headwinds, Singapore’s wine sector remains an attractive arena for both established and emerging wine importers Singapore.
Why Singapore Still Matters
Singapore’s wine landscape is defined by sophisticated consumers, an evolving premium segment, and its strategic role in regional logistics. For anyone mapping expansion in Southeast Asia—or seeking a foothold in the Asia-Pacific fine wine trade—the country’s import and distribution network remain a strategic touchpoint grounded in robust data and market potential.
Top Export Market
Singapore is considered to be one of the hottest emerging markets for the traditional wine producers from France, Italy and Spain. New World producers also see potential in Singapore as the local wine importers are starting to expand their selection.
Singapore heads the list of new emerging wine markets mainly due to its smaller, more concentrated size, stability and relatively high purchasing power.
On the downside, the country’s consumer base is relatively limited and there are already many established importers, distributors, and retailers with impressive portfolios so expect strong competition.
In general, France dominates the premium wine market, while U.S. wines are growing in popularity. The top suppliers are: France: 58%, Australia 8%, Malaysia 4%, United States: 4%.
Another wine that is growing fast in popularity is the Australian one. The market for Australian wines is growing steadily as Singaporean consumers become more cosmopolitan in their dining and drinking habits and increasingly aware of the excellent wines available from Australia. Some 300,000 Singaporeans, or nearly 10 percent of the population, visit Australia as tourists every year. Many of these visitors return with an interest in fine Australian wines.
WINE IMPORTERS IN SINGAPORE
Interlocal Exim
Address: No. 2 Kim Chuan Lane, Kong Siang Group Building
Phone: 006563377755
Website: www.interlocalexim.com
Benchmark Wines
Address: 20 Malcolm Rd
Phone: 006562565290
Website: www.benchmarkwines.com.sg
Icon Wines
Address: 22 Sin Ming Lane #06-77, Midview City
Phone: 006562977548
Website: www.iconwines.com.sg
Producers interested in the Singapore market can find a database with top wine importers, distributors and retailers here.
