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.
Three of Brazil’s biggest wineries, have been suspended by ApexBrasil, the government Trade and Investment Promotion Agency, following an operation to rescue over 200 workers from what were described as “conditions analogous to slavery”. The story could affect Brazil's ambition to boost wine exports. Alexandra Corvo and Robert Joseph report.
Despite the impact of Covid 19, this giant South American market has recorded the highest growth over the last year. Marcelo Capello, Brazil's leading wine commentator provides insights into the people who make this happen.
Less than a decade ago, there were high hopes for the so-called BRIC markets of Brazil, Russia, India and China. Since then, China has boomed, Russia is improving, India is still difficult, and Brazil remains promising. It has a wine-loving population, but economic challenges. James Lawrence speaks to experts who work in the market.