Wine Paris is experiencing steady growth, particularly with an increased international focus. Will the fair definitely move away from its franco-centric orientation? Alexandra Wrann and Robert Joseph report.
As every January, this month’s Ciatti Global Market Report looks back at the year just passed and ahead to the new one. If 2022 was characterised by rising annual inflation levels and a supply chain crisis, 2023 will be remembered for interest rates rises and slow buyer demand.
Annually, the ProWein Business Report spotlights the wine industry's paramount issues. A unanimous consensus emerges on rising costs as the primary challenge. However, opinions diverge on strategies to counteract consumption decline. Alexandra Wrann reports.
Today, despite the increase in the media attention grower-Champagnes receive, they only produce around 18% of their region's fizz - compared to 25% at the turn of the century. Robert Joseph provides the background to a statistic many may find surprising.
Inflation, natural disasters, small harvests - but also opportunities: The market for low- and no-alcohol wine is increasing, canned wine offers new sales channels. And producers who are focusing on the premium and super-premium sector are gaining traction.
A year of flat or declining wine sales due to consumer pessimism draws to a close with bulk markets in December exhibiting the same slowness they have done throughout the previous eleven months. Transactions are, on most wines in most markets, incremental and price-sensitive.