TRADE-ECONOMY | MARKET CONDITIONS | MARKETING | DISTRIBUTION | WINE TOURISM
Market conditions
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.

Friday March 27 2020

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...
Market conditions
Concern about the market for bulk wine from Saint-Emilion looms due to a drop in prices since the beginning of the marketing campaign.

Wednesday March 18 2020

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 (...)
Market conditions
Sales of red Pays d'Oc wines have slowed compared with last year

Tuesday March 17 2020

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 (...)
Market conditions
Stephan Delaux, deputy mayor of Bordeaux in charge of tourism, Bernard Farges, chairman of the CIVB and Alan Sichel, vice-chairman.

Monday March 16 2020

Bordeaux needs to “come out of the closet”

Some people might say, “We have to get out of our comfort zone”. Bernard Farges, chairman of the Bordeaux wine trade council (CIVB), (...)
Market conditions
The French and American markets are still in growth mode and account for half of international rosé wine purchases.

Tuesday February 18 2020

France and the United States fuelling global consumption of rosés

In 2018, global consumption of rosé wines totalled 25.6 million hectolitres. According to research released by the World Rosé Observatory (...)
Market conditions
“The wine industry is adapting to a new generation of consumers, who are changing lifestyles and preferences”, DG Agri stresses.

Wednesday January 15 2020

EU wine production and consumption predicted to drop by 0.5% by 2030

In its latest future-oriented report, the European Commission's Directorate-General for Agriculture forecasts a crop volume of 155 million (...)
Market conditions
“We are inspired by the rationale in Champagne, but compared with their success, we are modestly at year zero”, commented MD Philippe Cazaux.

Monday December 16 2019

Crémant circumvents the crisis in Bordeaux

Take the traditional components that factor into the production of red Bordeaux, turn them upside down and you get the factors leveraging (...)
Wednesday December 11 2019 - Market conditions by Vitisphere
“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.

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, (...)
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Tuesday November 26 2019 - Market conditions by Vitisphere
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.

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”, (...)
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Monday November 25 2019 - Market conditions by Vitisphere
Every year, Hillebrand handles the transit of 14,000 containers to the United States

‘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 (...)
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Thursday November 21 2019 - Market conditions by Vitisphere
Map of the distribution of PDO (left) and PGI (right) wines in France.

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 (...)
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Thursday November 14 2019 - Market conditions by Vitisphere
Year in, year out, European wine production accounts for 60% of volumes produced worldwide.

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 (...)
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Wednesday November 06 2019 - Market conditions by Vitisphere
“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.

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 (...)
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Friday November 01 2019 - Market conditions by Vitisphere
The upward trend in grape prices continues in Champagne.

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 (...)
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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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