As is normal for July, with summer holidays underway, the Northern Hemisphere’s bulk wine markets are quiet. But now could be an opportune time to build a brand.
Bulk wine suppliers around the world are trying to cover elevated input costs, so pricing on a number of wines in a number of markets can be characterised as “softening” but not falling sharply. Here's why.
Amid a globally slow sales picture, activity on the bulk wine markets of France, Spain and South Africa managed to tick up through April into early May, for a variety of local reasons.
A common theme in this month’s Ciatti Global Market Report is the noticeable slowdown in European demand for bulk wine with a slowdown in turnover on the retail shelf. A longer term slide in key markets cannot be ruled out.
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.