Renewed growth for French wine export volumes

Thursday February 22 2018 by Vitisphere

Antoine Leccia, Chairman of the Federation of Wine and Spirits Exporters, on February 14 at the presentation of the results for wine and spirits exports.Antoine Leccia, Chairman of the Federation of Wine and Spirits Exporters, on February 14 at the presentation of the results for wine and spirits exports. - Photo credit : Marion Sepeau Ivaldi

Is 2017 the start of a trend reversal and return to growth for French volume wine exports? The next few years will tell. In the meantime, on 14 February the French Federation of Wine and Spirits Exporters (FEVS) announced volume growth for 2017. A total 144,540,920 cases of wine were exported last year, up 6%. The good news ends there, however, because French wine firms have so far failed to recover market shares lost over the years. Five years ago, France exported 147,818,088 cases of wine. 

Conversely, on the value side, exports continued to follow an upward trend. Revenues in 2017 totalled 8.663 billion euros, up 9.6%. “Growth is steady. Over the past four years, sales have increased by 30%”, said Antoine Leccia, Chairman of FEVS, at the presentation of the figures in Paris on 14 February. Still wines account for two thirds of value sales and sparkling wines for the remaining third. When coupled with spirits, revenue reached 12.9 billion, an increase of 8.5%.

 

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