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Market conditions
Although there is as yet no end in sight for the Covid crisis, Lionel Gosseaume continues to pin his hopes on a brighter future.

Friday March 05 2021

Loire Valley wines limit Covid-induced damage to sales

After a particularly turbulent year in 2020 due to the coronavirus pandemic, “the Loire Valley has pulled through honourably, but its
Market conditions
The French government raised the issue of a moratorium on the Trump taxes, which César Giron believes “is the only measure that can secure the development of our industry in the medium and long term”.

Tuesday February 16 2021

€11 billion surplus for French wines and spirits in 2020

With a surplus of €11 billion (-13.4% compared to 2019), the wine and spirits industry is still “the second largest contributor (...)
Market conditions
“Just because we've just had three very good months compared to the previous nine doesn’t mean we’re heading for a fantastic period like 2010-2011”, says Roland Coiffe.

Monday February 15 2021

A New Year, and a new start, for Bordeaux wines in China

‘恭喜发财 (Happy and prosperous New Year)’ was the message sent by Bordeaux merchants to their Chinese (...)
Market conditions
The Champagne marketing board has just announced its figures for last year which show an 18% drop by volume and loss of one billion euros in revenue – the decline is lower than expected.

Wednesday February 03 2021

Champagne revenue plummets by €1 billion in 2020

To say the two co-chairs of the Champagne marketing board are satisfied with 2020 end-of-year results would be an exaggeration. But over the (...)
Market conditions
“We need to capture the imagination more and the legend surrounding our appellation. We realised in 2020 that digital technology can also allow us to convey emotion”, says Jean-Marie Barillère.

Thursday December 24 2020

Sales of Champagne plummet by 25%

“This is a very bad year, we've never experienced such a sharp drop in sales”, comments Jean-Marie Barillère, chairman of (...)
Market conditions
In a globally competitive wine market, the value of French wines suffered far more than the average.

Friday December 18 2020

Covid puts a dent in revenues of French wine exports

The Covid pandemic has wrought havoc on French wine exports. From January to September 2020, France exported 9.8 million hectolitres of wine (...)
Market conditions
For the 2020 vintage, drought over the summer took its toll on juice yields for the reds, with production shortfalls frequently ranging from 20 to 50% across Burgundy.

Wednesday December 02 2020

Prices of red Burgundy boosted by a surge in white wine production

Over the past few weeks, prices of Pinot noir labelled under the regional Burgundy appellation have soared by 30%. “A distinction should (...)
Wednesday November 25 2020 - Market conditions by Vitisphere
“What worries people is that we still don't know when we'll get back to normal. There is no end to this situation, or at least it’s difficult to imagine one”, comments Francis Backert.

“Worry and anxiety on a daily basis” for Alsace winegrowers

For French winegrowers, concern during the first lockdown has turned into anxiety during the second lockdown this autumn. “Why are vineyards (...)
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Friday November 20 2020 - Market conditions by Vitisphere
As many French wine regions face doom and gloom this autumn, morale among Provence rosé wine producers remains generally high at the start of the marketing season.

Provence rosé producers move forward with confidence

With inventories on 31 December 2020 expected to be on a par with those of the 2016 marketing season (70 to 80,000 hectolitres according to (...)
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Thursday November 19 2020 - Market conditions by Vitisphere
“I don't know if distillation, private storage and green harvesting measures will be enough. But they will be necessary to remove volumes. We must avoid an excessive rise in inventories at all costs, otherwise it would be a catastrophe”, claimed Coste.

“Fortunately”, European wine production is not “huge”

In 2020, the European wine industry is expected to produce 160 million hectolitres of wine according to the latest estimates released by the (...)
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Monday October 05 2020 - Market conditions by Vitisphere
The four major Charente firms are Hennessy, Martell, Courvoisier and Rémy Martin.

Cognac growers relaxed about higher-than-expected yields

The 2020 crop yielded higher volumes than originally forecast, taking Cognac winegrowers by surprise. “It's incredible, there is (...)
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Tuesday September 29 2020 - Market conditions by Vitisphere
At her September press conference, Miren de Lorgeril outlined the main thrust of the marketing board’s plans for the future.

Languedoc wines post encouraging data

"Harvesting went well all over the Languedoc region. We picked great fruit in excellent conditions. The harvest looks promising. But (...)
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Friday July 10 2020 - Market conditions by Vitisphere
Despite a very uncertain future, and a shortfall in the bottom line, the decision was made to maintain funding for various development, promotion and technical activities for the coming financial year.

Burgundy is “the French wine region apparently suffering the least”

If comments by the chairman of the Burgundy wine marketing board (BIVB), Louis-Fabrice Latour, are anything to go by, Burgundy's wine (...)
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Monday June 29 2020 - Market conditions by Vitisphere
“The crisis we are going through is the worst since Champagne was created. Weathering the storm is not about resolving the sum of individual interests but promoting the collective interest”, stresses Maxime Toubart.

Tensions mount over 2020 yields for Champagne

Covid-19 is not going to undermine the spirit of dialogue and togetherness that has always presided over economic management of the Champagne (...)
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Tuesday June 16 2020 - Market conditions by Vitisphere
Burgundy wines posted a drop in exports over the first quarter of 2020, in a challenging economic environment, particularly due to the Trump tax

Slow-down for Burgundy wine exports

Shipments of Burgundy wines over the first three months of the year were down 2.6% by value with revenue dropping 8.2% compared to the 1st (...)
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Monday June 08 2020 - Market conditions by Vitisphere
Rhone firms should not need to resort to crisis distillation

The local market at the core of the Rhone Valley’s recovery plan

The Rhone Valley wine industry presented its new plan to revive sales of Rhone wines following the coronavirus crisis on June 4 at a press (...)
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Tuesday June 02 2020 - Market conditions by Vitisphere
Although the government has outlined proposals, it has not yet reached a firm decision on its aid plan for the wine industry.

France decides to finance distillation to reduce volumes

The French government aid plan for the wine industry, which was revealed at a meeting attended by several ministers on May 29, is to introduce (...)
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Wednesday May 27 2020 - Market conditions by Vitisphere
“The [coronavirus] crisis will have an impact, and there is no reason why it should be any different to other crises: a drop in sales and then a rebound. What we don't know today is how long it will last”, said Patrice Pinet.

Sales of Cognac plummet during coronavirus crisis

In April 2020, shipments of AOC Cognac fell by 64% compared to April 2019 announced the Cognac marketing board (BNIC). Revealing the impact (...)
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Monday May 25 2020 - Market conditions by Vitisphere
Preparing for a busy time as crude spirits are shipped out of distilleries, the Port-La-Nouvelle depot is not publicising the cost of rental at its facilities.

Storage firm refurbishes 15 tanks to hold 190,000 hl of wines from crisis distillation measures

“The pressure is starting to mount”, admits Yohan Lemaire, director of the Foselev Logistics storage facilities in Port-La-Nouvelle (...)
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Tuesday May 05 2020 - Market conditions by Vitisphere
Maxime Toubart, chairman of the producers’ organisation SGV: “I renew my call to shippers to roll out a broad-ranging communications campaign for Champagne, targeting consumer profiles and countries. This is the right time to do so”.

“Champagne sales plummeted by 80% in March and April”

How are March and April sales faring? Maxime Toubart: We don't have precise figures yet, but it can estimated that the drop in sales (...)
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