France
The south of France offers a range of wines at attractive prices, and international demand is slowly picking up. Prices are also falling in Burgundy, the Loire Valley, Bordeaux and the Rhône Valley.
Italy
By contrast, prices in Italy are continuing to rise due to the small harvest, particularly for white wines and certain red wine appellations and grape varieties. However, the majority of prices have not changed since the last survey.
Spain
Spain's red wines remain at a moderate level, but white wine prices and Rosado have risen significantly; the latter in particular is becoming scarce across the country. Verdejo from the central region is virtually unobtainable, and international grape varieties — with the exception of Cabernet Sauvignon and Syrah — are also slowly becoming scarce. If there is no or too little spring rainfall in the dry regions of eastern and central Spain, prices are likely to rise further.
