Wine Economics Archives

Cult Wines Americas – New “Innovative” Investment Platform [Part 2]

Articles, Wine, Wine Clubs, Wine Economics, Wine Education, Wine Investment, Wine News / lizpalmer

Cult Wines, the global fine wine collection management and investment company launched a new innovative investment platform in Q4 2021. They have shaken up their client offerings by introducing four new tiers of investment, allowing investors to build their personalized wine collection starting from $10,000 USD/$12,500 CDN. This new investment platform will now allow anyone […]

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South Africa’s Wine Exports Bounce Back After Two Years

Articles, Global Wine Evemts, Wine, Wine Economics, Wine News, Wine Tourism, Wine Trade, Wine Trends, Wines of Africa / lizpalmer

The South African wine industry is making a comeback after facing serious challenges the past two years. There was a distinct silver lining when wine exports recovered to a healthy“volume of 388 million litres, which amounted to R10.2-billion” according to a statement by Wines of South Africa. There was a strong demand from UK, US and

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Burgundy’s Rising Prices Drive Liv-ex 1000 Index In January

Articles, Champagne, French Wine, Wine, Wine Economics, Wine Investment, Wine News / lizpalmer

The Liv-ex 1000 continued its bull run into the new year, rising 3.5%. The Burgundy 150 was its best-performing sub-index, up 6.4%. Champagne 50 and Rest of the World 60 followed, both rising 5.6%. The broadest measure of the market, the Liv-ex Fine Wine 1000 index, rose 3.5% in January to close the month

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Cult Wines Americas – The Future of Fine Wine Investment [Part 1]

Articles, Bordeaux, Burgundy, California Wine, French Wine, News, Wine, Wine Economics, Wine Education, Wine Investment, Wine News, Wine Tech, Wine Technology, Wine Trends / lizpalmer

The “Silver Linings” are real when it comes to fine wine. Despite 2021 being an unprecedented year due to COVID lockdowns, volatile markets, and Brexit challenges, it has been a record-breaking year for fine wine investment. Both Champagne and Burgundy have an excellent final quarter, with Champagne gaining 22.98%, according to the Liv-ex Champagne 50

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SVB Wine Report: The US wine industry sees some challenges in 2022

Articles, California Wine, News, US Wine, Wine, Wine Economics, Wine News, Wine Trade / lizpalmer

According to the latest Silicon Valley Bank Wine Report shows that although 2021 proved to be a good year for the US wine industry, several serious challenges signal uncertain times ahead. The report points out that underlying trends remained a big concern, with the most serious being that younger consumers are not getting interesting in

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Bordeaux Index records a 47% sales growth in 2021

Articles, Bordeaux, Burgundy, Champagne, Wine, Wine Economics, Wine Investment / lizpalmer

The Bordeaux Index has reported sales growth of almost 50% year in 2021, to a company record total of US$174m. Increased activity in Asia and the US (where trade tariffs on many French wines were suspended in Q1) has been most significant. The Bordeaux Index has also seen pronounced gains in the UK. Their client

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Interest in low and no alcohol sector surges, reaching a record of $10bn in 2021

Articles, Beverage Marketing, Wine Economics, Wine News, Wine Trends / lizpalmer

The demand for no and low alcohol drinks shows no sign of declining across top global markets last year. According to IWSR’s latest Drinks Market Analysis report, the sector reached a value of nearly US$10bn in 2021. The study further states that in 2021 the no and low-alcohol beer/cider, wine, spirits, and RTD products grew

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Champagne News: Total shipments of Champagne in 2021 rose to 322 million bottles, an increase of 32% over 2020

Articles, Champagne, champagne region, News, Wine, Wine Economics, Wine in Moderation, Wine News, Wine Trade, Wine Trends / lizpalmer

The Champagne region and houses are celebrating after sales and exports set new records last year even as pandemic lockdowns forced many bars and restaurants to close. Comité Champagne, a trade association representing over 16,000 winegrowers and 320 Champagne houses, said this week that France exported a record 180 million bottles of Champagne in 2021,

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BlockBar NFT Gifting Platform Launches with 300 Bottles of Penfolds Wine

Articles, Digital Currency, Wine Economics, Wine Investment, Wine Review, Wine Tech, Wine Technology, Wine Trends, Wines of Australia / lizpalmer

BlockBar, the world’s first direct-to-consumer NFT platform for wine and spirits has just diversified further by launching a gifting capability comprised of 300 bottles of Penfolds. This new initiative lets the BlockBar community gift a highly coveted collectible wine or spirit connect the physical and digital world. In fact, BlockBar says the market for investing

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US E-Commerce Alcohol Sales Surpass $6bn in 2021

Articles, Beverage Marketing, Ecommerce, Uncategorized, Wine Economics, Wine News, Wine Tech, Wine Technology, Wine Trade, Wine Trends / lizpalmer

According to new data released by Rabobank their 2022 Alcohol E-commerce Playbook Report looked at the US alcohol e-commerce market and how it has grown since the start of the pandemic. The report forecasts that the online channel is set to be the biggest driver of industry growth for years to come. The report predicts

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