Wine Economics

New Chianti Classico subzones or ‘UGAs’ have been approved

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 […]

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Valpolicella Soars in 2021

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 %),

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Monks of France’s First Papal Vineyard Sell Wine to Support the Community

The Benedictine monks and nuns who tend to the first papal vineyard in France have launched an appeal to sell their wine to help the families of local wine growers. Located on a hill in the Rhône Valley, the Abbeys of Le Barroux work together with the local wine-marking community to cultivate the land first

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Global alcohol consumption will bounce back to pre-Covid levels by 2023

Global alcohol consumption will return to pre-Covid levels by 2023, according to recent IWSR data, with the market already showing signs of recovery. Projected to grow by 2.9% in volume by the end of 2021, the research forecasts that total alcohol consumption will reach pre-Covid levels within two years and will continue to increase steadily until 2025.

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Swedish wine growers establish a new industry association

Do you have Swedish wine on your wine list?  Well, now it’s time! A group of Swedish professional wine growers recently formed a new industry association. Starting from a small-scale hobby cultivation, in just a few decades it has emerged to a large scale professional association. This new industry association has been set up to

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“Tastry” uses Chemistry + AI to Analyze Wine and Generate Flavor Profiles

A California startup that taught a computer to “taste” wine is using technology to help winemakers improve their wines and attract new customers. Founder Katerina Axelsson says Tastry uses artificial intelligence (AI) to analyze “tens of thousands of wines a year,” generating vast reams of data to help winemakers and retailers target their products more

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RESULTS ARE IN for the 2021 International Wines and Spirits Competition (NH)

The IWSC has just released the results of the 2021 Northern Hemisphere wines, and here are some of the winners. This year there were 3,460 wines that were awarded medals. Gold Medal Wines Only 148 wines qualifying for a gold medal this year. Fifteen of the wines were sweet wines and sixteen were fortified wines

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Digital Wine Marketing for Wine Journalists

It was an honour and a privilege to participate as a speaker today for FIJEV [Journalistes et Ecrivains des Vins et Spiritueux] members on the topic “Digital Wine Marketing for Wine Journalists”.                          “Wine Journalists Represent a Global Community” It was wonderful to see

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Happy Malbec World Day – Here are Some Fun Facts to Help you Celebrate

Wines of Argentina has been paying tribute to Malbec on April 17th since 2011. This date was chosen because on the same day in 1853 the first agricultural school in Argentina was founded, becoming a symbol of the transformation of Argentina’s wine industry. Malbec in Argentina There are 112,823 acres of Malbec planted in Argentina;

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The Consejo Regulador DOCa of Rioja unveils strategic five-year plan

The Consejo Regulador DOCa of Rioja has unveiled a five-year strategic plan aimed at boosting the region’s sustainability credentials, driving wine tourism and increasing exports. The aim is to boost total sales from 230 million litres in 2020 to 312 million litres by 2025, with export to account for 44% at 137 million litres, in

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