Another month of limited activity on the world’s bulk wine markets has passed by, with the traditional lull during the Northern Hemisphere summer holiday season adding to the quietness. Will 2023 crop projections change things?
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.
Despite smaller quantities, the global trade of bulk wine has experienced a significant increase in value. Driving factors include uncertainty and inflation. New Zealand stands among the winners, while Spain continues to struggle for survival.
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.
In the annual report on the global wine industry, the OIV highlights significant shifts taking place. Germany is no longer maintaining its position as the world's leading importer, and a new export champion from the New World has emerged. Clemens Gerke reports.
It’s got a wine-growing history that dates back to the Roman world. It’s got more than 220 authorised grape varieties over 55,000 hectares of vineyards, and it’s one of the most exciting wine-growing countries in Europe.
