For years, the US has been the world's most appealing export market. Not only were American consumers prepared to pay more, but the market kept expanding. Jeff Siegel says the party’s over.
With the declining quantity of customers, wine sales in the German market are also decreasing. However, revenue has slightly increased so far in 2024, partly due to inflation.
Thailand has an unusually high alcohol tax and one of the most complex excise tax systems in the world. The new government is making life a little easier for the wine trade.
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.