According to Liv-ex, Italy has become a ‘dominant force’ on the fine wine market, with the country’s previously under-represented regions rising in importance on the secondary market. Last year Italy’s sub-index increased 12.2%, and the increased trading of Italian wine on the secondary market trade has shown Italy becoming the third most traded category, according […]
Italy Becomes ‘Dominant Force’ on the Fine Wine Market Read More »
The Italian Wine Crypto Bank (IWCB), the only global wine bank based on blockchain and cryptocurrency launched today (September 21, 2021) what it calls “the first cryptocurrency in the world entirely guaranteed by wine.” The coin used is called IWB and this evolutionary utility token is tradable through LATOKEN Exchange on the secondary market, particularly
The World’s First Wine Bank Launches Cryptocurrency Read More »
The Unione Italiano Vini (UIV), in collaboration with the Association of Wine Commissaries (MEd.&A.), has set up an online service showing trends in grape pricing. Just in time for the harvest season, the Osservatorio provides daily average quotations for 15 key grape varieties (in English and Italian). This information is available via a free trial,
Italian Grape Prices Are Now Listed Online Read More »
Exports of Portuguese wines increased by 14.5 % in volume and 19.3 % in value, during the first six months of 2021, reaching almost €436 million. “Portuguese wine exports had very positive behavior in the first half of 2021, registering a remarkable increase, both in value and in quantity, when compared to the same period
Portuguese Wine Exports Increase H1 Read More »
The top 10 import countries of wine under the HS code 2204 are United States, United Kingdom, Germany, Canada, China, Japan, Netherlands, Switzerland, Russia, and Belgium. Ranking Top 10 import countries of wine for 2020 United States: US$ 5,884 million United Kingdom: US$ 4,397 million Germany: US$ 2,949 million Canada: US$ 1,974 million China: US$
Top 10 Countries that Imported Wine In 2020 Read More »
A group of Chilean wineries are forming an association to promote organic wine due to the post-pandemic upsurge. News of the impending organization came during an interview with Jaime Valderrama, who is the managing director of Viña Miguel Torres Chile. The group of six wineries will be collaborating to promote organic wine from Chile, and
Chile in the process of setting up an “Organic Wine Growers’ Association” Read More »
Moët Hennessy has teamed up with Italian company Campari to launch a joint venture ecommerce business to sell premium wines and spirits across Europe. The new business venture will see both companies invest in the pure-play digital retailer, which will be based on Campari’s existing ecommerce channel Tannico, which was launched by the Italian drinks
Moët Hennessy and Campari team up for joint venture ecomms business Read More »
As the summer-selling season began in earnest and the demand for pre-packaged drinks continues to trend up, leading wine marketers have been busy maneuvering amidst a tricky economic landscape—trying to bridge the gap between the general market and craft cocktail enthusiasts. Buoyed by last year’s off-premise surge, a slew of wine-based ready-to-drink cocktails have thrived, even
Wine-Based Cocktails Drive Interest, As Wine Looks To Expand Its Audience Read More »
Last week at the June 2021 assembly of Chianti Classico’s governing Consorzio, a “very large majority” of Consorzio members approved changes to the disciplinare that have the potential to put some separation between the Riserva and the Gran Selezione levels. Here are two key aspects to the proposal: Focus on Sangiovese and native grape varieties
New Chianti Classico subzones or ‘UGAs’ have been approved Read More »
The Valpolicella Wine Consortium has recently announced the numbers for the first five months of 2021. The numbers show around 30 million state seals were issued for the Valpolicella, Ripasso, Amarone and Recioto origins, which is 18% over 2020. Compared to 2019, the increase is 14%. Amarone, which after a disastrous January 2021 (-24.5 %),
Valpolicella Soars in 2021 Read More »
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