French wine exports: resisting of fading?

Friday September 20 2013 by Vitisphere

According to the French Federation of Wines and Spirits Exporters (FEVS), during the first six months of 2013, France exported 70.5 million cases of wine (-1.7% compared to the first half of 2012), worth 3.5 billion € (+0,3%). Louis-Fabrice Latour (FEVS president) sees these figures as a confirmation that "the wine and spirits sector is one of the most dynamic in French foreign trade. The slight increase of our turnover has to be seen as a consolidation of our performance, while other French exports fell by 2%''.

Chinese investigation procedure remains at the heart of professional preoccupations, but many operators are worried by these mixed trends, especially the volume decline. To them, Louis-Fabrice Latour says that "we can not sell what we do not have in our cellars!''

After the 2012 historically small crop, the limited availability of French wines was indeed a drawback.

In detail, exports of sparkling wines increased in value (+1.8%) and remained stable in volume. French still wines followed another trend (-1.8% in volume, +0.2% in value). Export markets were heterogeneous, growing demand was experimented in the United States (+5% in value), while China showed signs of decline.


 


 

[Illustration: Monthly evolution of French exports of wines and spirits in value ; Customs/FEVS]

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