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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
Market conditions
“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.

Wednesday November 25 2020

“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 (...)
Market conditions
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.

Friday November 20 2020

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 (...)
Market conditions
“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.

Thursday November 19 2020

“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 (...)
Market conditions
The four major Charente firms are Hennessy, Martell, Courvoisier and Rémy Martin.

Monday October 05 2020

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 (...)
Market conditions
At her September press conference, Miren de Lorgeril outlined the main thrust of the marketing board’s plans for the future.

Tuesday September 29 2020

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 (...)
Market conditions
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.

Friday July 10 2020

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 (...)
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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Monday April 27 2020 - Market conditions by Vitisphere
“At the moment we are witnessing a huge change due to the current pandemic, which will have a consequential impact on many aspects of the lives of farms and vineyards, as well as on the production and trade in grapes and wine”, said Pau Roca on 23 April.

Wine sales in Europe expected to fall by 35%.

Speaking of the impact of the coronavirus epidemic and global lockdown measures, Pau Roca, the director of the International Organisation (...)
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Tuesday April 21 2020 - Market conditions by Vitisphere
Cognac is starting to feel the effects of the slowdown caused by the global Covid-19 epidemic in Asian markets.

Cognac is starting to tot up the cost of the coronavirus

In what feels like the end of a cycle, the latest statistics from the international Cognac bureau BNIC reveal the initial impact of lockdown. (...)
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Monday April 20 2020 - Market conditions by Vitisphere
“We have to move quickly on distillation, for administrative and technical reasons, in order to remove volumes financially and physically in July and August”, said Stéphane Héraud.

How France’s wine industry came to the figure of 3 million hl and €80/hl for crisis distillation

"It is difficult to quantify overstocks when we don't know when and how lockdown will end. If someone is in a position to tell me (...)
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Friday March 27 2020 - Market conditions by Vitisphere
Over the first six months of the 2019-2020 marketing campaign, the CIVB registered 766,200 hl of bulk wine purchase contracts. This is an increase of 21% compared to August 2018-January 2019.

Bordeaux has two years’ worth of wine sales in stock

The Bordeaux wine industry is champing at the bit as winter turns into spring. “Nothing is happening at the moment, absolutely nothing... (...)
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Wednesday March 18 2020 - Market conditions by Vitisphere
Concern about the market for bulk wine from Saint-Emilion looms due to a drop in prices since the beginning of the marketing campaign.

Sluggish market for Saint-Emilion

“Last December, the market started off well. There was demand from trading companies accustomed to covering themselves early, but in (...)
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Tuesday March 17 2020 - Market conditions by Vitisphere
Sales of red Pays d'Oc wines have slowed compared with last year

Loadings of red PGI Pays d’Oc lose momentum

Loadings of PGI Pays d’Oc have experienced a like-for-like drop of 17%. “The pace of marketing is more drawn out because inventory (...)
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