News

The wine industry contributes €130 bn to the EU's gross domestic product (GDP). While it represents only 0.8% of the EU’s total GDP, it accounts for almost half (47.9%) of the entire EU primary sector, including agriculture, forestry and fisheries.  

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The global bulk wine market heads into the second quarter of 2024 seemingly more fluid than it has been for months, with some good activity levels on particular wines, some price rises, some price falls, and some supply shortages.

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In the UK, the discount retailer Aldi is now filling own-brand wines in "Paperbottles" and flat PET bottles.

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The Meininger Awards took place in Düsseldorf, on the eve of ProWein. Now in their 18th year, the awards honour the most significant people in the German and international wine industry. Here are the six winners.

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Demand is picking up in some areas, but the majority of prices have not (yet) changed since the last survey.

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France is weakening in exports, with declines seen across all categories. At least the value is dropping much less than the volume of wine exported.

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For many years, China was Australia's biggest customer for wine. Then Beijing bolted the doors, with punitive tariffs. Those doors have now reopened, but they will not readmit Australia's producers to the booming market they remember.

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The Prosecco consortium is planning to introduce a new, premium level.

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The specialist in alcohol-free wines has introduced a new line with less sugar.

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In celebration of the 50th anniversary of Freixenet's "Cordon Negro" brand, Henkell Freixenet is undergoing extensive revisions. Alongside a brand redesign, the Freixenet logo is also receiving an update.

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With an inflation rate of 160%, the last thing Argentine producers needed was a tax increase. Daniel López Roca reports that there has been some relief.

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ProWein is all about strengthening business ties or establishing new ones. But what is the main topic of discussion for each wine-growing region right now? To help you get the conversation started at the different trade fair stands, we have compiled an overview of the most important facts for each country.

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Only in a single category does the Spanish export balance show a positive trend. Overall, wine exports are losing value and volume.

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The Portuguese wine conglomerate Sogrape is strengthening its commitment in Spain through the acquisition of Viña Mayor in the Ribera del Duero region.

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Castel Frères, the largest négociant in Bordeaux, also becomes the target of protests by the region's winegrowers. They are demanding better prices for their products.

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