Wine Economics

OIV Report: Average Volumes for Vintage 2022

World wine production in 2022 is again expected to be slightly below average, with differences between the individual winegrowing zones and countries. The International Organisation of Vine and Wine (OIV) forecasts global production of between 257.5 and 262.3m. hl of wine and must in 2022. There will be regional differences in harvest volumes, but the […]

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The Liv-ex “Power 100” 2022 – All About Burgundy

The Liv-ex Power 100, produced in conjunction with The Drinks Business Magazine, their annual list of the most powerful brands in the fine wine market. The Power 100 is a snapshot of the ever-changing landscape of the secondary market and this year’s list caught Burgundy at the very height of its latest upswing. For the

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OIV Releases 2022 Global Wine Production Projections

OIV releases its report on 2022 Global Wine Production Projections and here are their findings: Severe drought and extreme heat pose a new threat to wine production. In 2022, despite the heat wave that touched many regions of the world, global wine production volume is expected to be at a level similar to the one

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Ukraine officially becomes the 49th OIV member state

Officially today, October 30, 2022, the intergovernmental viticulture organization, The International Organisation of Vine and Wine (OIV) will readmit Ukraine to its ranks. The war-ravaged Eastern European state was previously a member from 1997 to 2008, and had applied for membership last year, before the February invasion. This brings now brings the number of OIV

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Ingredients listed on a wine label: a consumer’s perception study

 A study dealing with: “Wine labeling with the list of ingredients: context, consumer’s perception and future challenges” was just released in anticipation of the new European Réglementation. The study questions the perception by the consumer of different types of ingredients on the label. You can view this study here: https://www.wine-law.org/index.php/en/ingredients-on-wine-label-a-consumers-perception-study/ #wine #winelabelling #winenews #winestudy #winelovers #wineconsumer

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The Science Behind Nonalcoholic Wine – Smithsonian Magazine

Here is an interesting read from Smithsonian Magazine ….drinking habits are changing, and vintners are exceeding tasters’ expectations with new options stripped of their alcohol. Market Research Firm Fact. MR estimated that global nonalcoholic wine sales reached $1.6 billion in 2021 and will double in the next decade. https://www.smithsonianmag.com/innovation/the-science-behind-nonalcoholic-wine-180980805/ #wine #winelovers #vitners #nonalcoholic #alcoholfree #drinks #sober #drinkstagram

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Berry Bros. & Rudd – Some History and the Women Behind the Brand

On my way to 67 Pall Mall Wine Club for a meeting, I had some time, so I wandered into No.3…Just stepping through the front door it was a feast for my senses …. the ancient floorboards, mahogany wall paneling, antique furniture, Royal Warrants, old wine books and catalogs.  Looking closer I saw portraits of

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Winechain [a NFT platform] raises €6 million for expansion

Winechain, an NFT platform specializing in fine wine sales, has raised €6 million of backing from some of the best-known names in fine wine, ahead of its launch later this year. The start-up, which was founded by the former head of Amazon Europe, Xavier Garambois, Guillaume Jourdan, CEO of VitaBella and Nicolas Mendiharat, CEO of

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SYMPOSIUM ‘ACT FOR CHANGE’ ENDS ON A COLLABORATIVE NOTE

Organized by Vinexposium June 20 and 21, 2022 at the Cité du Vin, the Symposium ‘Act for Change’ gathered over 35 international experts representing 17 nationalities for a series of discussions focusing on the future of wines and spirits between now and 2030. The event, which was held as part of Bordeaux Wine Week, ended

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