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Market conditions
“For the moment, Cognac has managed to escape the measures that have hit our colleagues in the wine industry”, commented Patrice Pinet on December 5 in Cognac.

Wednesday December 11 2019

Fears of US tariff hike prompt increased exports of Cognac

Since last summer, multiple threats of retaliation from US President Donald Trump have led to a rise in Cognac shipments to the United States,
Market conditions
Although there are no red 2018 Bordeaux contracts below €700 a barrel, very few are trading at €1,500, the average price for the 2017 crop.

Tuesday November 26 2019

Over 75% of Bordeaux sells for under €1,000 /cask

“If it weren’t for a few remaining transactions of medal-winning or organically certified batches, the data would be much worse”, (...)
Market conditions
Every year, Hillebrand handles the transit of 14,000 containers to the United States

Monday November 25 2019

‘Trump tax’ effect causes drop of 130 container shipments according to Hillebrand

Hillebrand is a leading overseas carrier of French wines and spirits. Every year, it handles the transit of approximately 60,000 containers (...)
Market conditions
Map of the distribution of PDO (left) and PGI (right) wines in France.

Thursday November 21 2019

The significance of France’s 363 PDOs and 74 PGIs

In 2018, France’s vineyards produced 21.98 million hectolitres of wine labelled with a protected designation of origin (PDO) and 12.66 (...)
Market conditions
Year in, year out, European wine production accounts for 60% of volumes produced worldwide.

Thursday November 14 2019

The European Wine Market (and Price) Observatory launches

Following similar initiatives for the beef, dairy and sugar industries, a specific market observatory for wine has just been launched by the (...)
Market conditions
“There is no reason to be pessimistic in the region. We are fortunate to have a diversified range of wines covering appellations and PGIs, which gives us the flexibility to adapt our product profiles to suit market demand”, commented Ludovic Roux.

Wednesday November 06 2019

Languedoc co-operatives asked to maintain wine prices, at the very least

“With an estimated harvest of 11.5 mhl in Languedoc-Roussillon and end-of-season stocks estimated at 6.5 mhl, we are starting the marketing (...)
Market conditions
The upward trend in grape prices continues in Champagne.

Friday November 01 2019

Moderate increase in the price of Champagne grapes

The price of a kilo of grapes in Champagne is expected to rise by 0 to 2% and range from €6.20 to €7.20 /kg. “The trend is (...)
Tuesday October 22 2019 - Market conditions by Vitisphere
Are there ways of getting around the increase in U.S. taxes? The wine industry is working on it, but it is not that simple...

Are red wines with an ABV of 14% the key to “business as usual”?

“This is an unfair and ludicrous tax. If this continues, we will all make sure our alcohol content is in excess of 14% ABV to avoid (...)
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Monday October 14 2019 - Market conditions by Vitisphere
In 2018, one in ten bottles of Provence wine was sold in the United States, by far the leading export market for the region’s rosés.

The prospect of tax hikes in the US leaves Provence unmoved

With industry members still reeling after the announcement by the US that it would raise custom duties on still bottled wines from France (...)
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Monday September 30 2019 - Market conditions by Vitisphere
From left to right: Thierry Julien, chairman of France Vin bio; Philippe Gérard, vice-chairman; and Bernard Rabouy, an organic winegrower in Gironde

Organic wines popular with the French

The organic wine industry is now worth more than a billion euros in the French market and as much as 1.5 billion euros including exports. (...)
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Wednesday September 25 2019 - Market conditions by Vitisphere
“In the regular range, Bordeaux comes under fire more for shelf exposure with a faster decline in demand. The drop in demand in the regular range is worsened by a fall that is much more marked than for the competition when on special offer”, commented the CIVB.

Bordeaux wines harder hit on special offer

“In super and hypermarkets, the red Bordeaux appellation suffered limited losses in the regular ranges but extensive losses when on (...)
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Tuesday September 10 2019 - Market conditions by Vitisphere
The Champagne PR campaign is aimed in particular at making Millennials want to drink Champagne.

Disappointing first half for Champagne

Champagne sales in the first half of 2019 declined by 3.1% compared to the first half of 2018. Sales in June were particularly poor (-13.1% (...)
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Monday September 09 2019 - Market conditions by Vitisphere
French wine continues to grow in export markets. The markets are growing, but Asia is slowing down.

Sustained growth in exports of French wines

Exports of French wines continued to grow by value in the first half of 2019, in line with the trend observed in recent years. Revenue reached (...)
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Friday July 26 2019 - Market conditions by Vitisphere
Miren de Lorgeril, chair of the CIVL: “We are creating a Languedoc rosé phenomenon”

Miren de Lorgeril claims Languedoc is leading region for rosé wines

“Languedoc is the leading rosé producer region in France and worldwide”, said Miren de Lorgeril at a press conference held at (...)
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Wednesday July 24 2019 - Market conditions by Vitisphere
Rosés now represent a quarter of Loire Valley wine production, with Cabernet d'Anjou accounting for two-thirds of this volume (315,000 hl).

Cabernet d'Anjou sales outstrip Côtes de Provence

Outstripping Côtes de Provence sales by 785 hectolitres in the year ending April 2019, Cabernet d’Anjou has become the leading AOC rosé (...)
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Wednesday April 24 2019 - Market conditions by Vitisphere
Alexandre They, Château du Vieux Moulin, and Miren de Lorgeril, chair of the CIVL, gave an update on the economy of Languedoc appellations.

Languedoc appellations’ spectacular move upmarket

Right off the bat, Miren de Lorgeril, chair of the Languedoc wine marketing board CIVL, set the tone: “Languedoc is nothing short of (...)
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Tuesday April 16 2019 - Market conditions by Vitisphere
World trade in wine increased by volume to 108 million hl and by value to 31.3 billion euros (+1.2%).

2018 world wine production reaches a peak

At 292.3 million hectolitres, world wine production reached a virtual all-time high, according to a report by the International Organisation (...)
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Thursday March 21 2019 - Market conditions by Vitisphere
The return to more substantial production volumes in 2018 has brought bulk prices of Beaujolais down again, due to the multiple retailers

Flagging prices for bulk Beaujolais

Non-nouveau Beaujolais appellation wines, the worst affected of the two categories, posted an average price of €132/hl at the end of (...)
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Wednesday March 20 2019 - Market conditions by Vitisphere
Bernard Farges, vice-chairman, and Allan Sichel (right), chairman of the Bordeaux wine marketing council CIVB on March 12.

2018, a bad year for Bordeaux

“The figures are down”, admitted Allan Sichel. “Last year, Bordeaux wine exports fell by 14% in volume (1.9 million hl) (...)
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Monday February 25 2019 - Market conditions by Vitisphere
“After an outstanding year in 2017, there may also be some overstocking”, pointed out Santiago Diaz Herrenschmidt.

France’s domination of the Chinese wine market takes a beating

France remains the leading source of imported wines in the Chinese market, but its competitors are hot on its heels. In just a year, France’s (...)
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