Mediterranean wines account for 28.7% of global production

Tuesday March 06 2018 by Vitisphere

Jean-Philippe Perrouty of Wine Intelligence presented the second round of figures from the Mediterranean Wine Observatory at Vinisud on 19 February.Jean-Philippe Perrouty of Wine Intelligence presented the second round of figures from the Mediterranean Wine Observatory at Vinisud on 19 February. - Photo credit : Marion Sepeau Ivaldi

The significance of Mediterranean wines is increasing. Totalling 79 million hl in 2016, they account for 28.7% of the world's wine production. Not surprisingly, the powerhouses are Italy, France and Spain, which benefit in particular from exports. According to figures released by Wine Intelligence on 19 February at Vinisud, non-European markets are growing three times faster than countries within the European Union. Overall, almost one in four bottles of Mediterranean wine is exported, equating to a 28.5% share of international exports.  The growth markets are Germany, the USA and the United Kingdom but China and France also witnessed value surges of 11% and 17% respectively.

 

Sparkling wines fuel growth

One salient feature of Mediterranean wine production is premiumisation, following the global trend. Revenue in 2016 rose 4% on 2015 to 9.2 billion euros. In line with trends observed in recent years, improved value sales involved still wines (up 1.8% to 7.8 billion euros,) but above all sparkling wines (up 17.4% to 1.4 billion euros).

 

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