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.
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.
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.
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.
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.
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.
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.
The Portuguese wine conglomerate Sogrape is strengthening its commitment in Spain through the acquisition of Viña Mayor in the Ribera del Duero region.
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.
Tradition demands the participation of individuals who are dedicated to preserving it. For the Trentino winegrowers’ cooperative Mezzacorona, this involves safeguarding the indigenous grape varieties Teroldego and Marzemino, showcasing their qualities both as monovarietal wines and in blends.