Wine Economics

ENJOY NOW WINES, LLC:  Young Sommeliers Bridging the Gap Between Gen Z + Millennials to the Wine World

Enjoy Now Wines, LLC, based in Sonoma, California, announced last week the official launch of its new community of ‘young sommeliers.’ This new initiative is designed to serve as a transformative industry catalyst aimed at fostering meaningful connections between younger generations, specifically Gen Z and Millennials, and the wine industry. Enjoy Now Wines™ set up […]

ENJOY NOW WINES, LLC:  Young Sommeliers Bridging the Gap Between Gen Z + Millennials to the Wine World Read More »

OIV’s 2024 Report on the Global Wine Sector: Emphasizing Adaptation and Multilateral Cooperation

The International Vine and Wine Organisation (OIV) reinforced the importance of multilateral cooperation and adaptation to changing conditions, as global data on the wine sector in 2024 was released at its online Press Conference April 15th,2025. The OIV also released statistics on production, consumption and trade from all producing and consuming nations (over 180) to

OIV’s 2024 Report on the Global Wine Sector: Emphasizing Adaptation and Multilateral Cooperation Read More »

Academic Study Forecasts Wine Industry Revival by 2026

A recent study by the University of Bordeaux and the University of Verona suggests the wine industry could see a recovery starting in 2026. The research used Italian wine producer Masi as a case study. A few weeks ago, an academic research paper “Resilience and preparation for the next cycle of global wine consumption. Masi:

Academic Study Forecasts Wine Industry Revival by 2026 Read More »

UK Wine Tourism Soars 55% – A Must-Visit Wine Destination

The UK wine tourism industry continues flourishing, demonstrating its critical role in supporting vineyards and rural economies. According to WineGB’s Tourism Report 2024, vineyard visits rose by 55% in 2023 compared to the previous year, reaching an impressive 1.5 million. This influx of tourism now accounts for a substantial 25% of vineyard revenue. Wine tourism’s

UK Wine Tourism Soars 55% – A Must-Visit Wine Destination Read More »

Top 10 Countries with the Heaviest Wine Import Tariffs in 2025

Examples of these challenges include the United States’ proposed 200% tariff on European wines, China’s recently lifted 218% tariffs on Australian wines, and the consistently high import duties imposed by emerging markets such as India and Indonesia (OIV, 2024). These key examples illustrate how wine often becomes entangled in broader economic and geopolitical conflicts. Below

Top 10 Countries with the Heaviest Wine Import Tariffs in 2025 Read More »

The Institute of Masters of Wine Announce the Induction of Four New Members

The Institute of Masters of Wine (IMW) has recently announced the induction of four new members into its membership. These newly appointed Masters of Wine (MWs) have successfully completed and surpassed all the rigorous stages of the Master of Wine examination. Jit Hang Jackie Ang MW (Singapore), Amanda Barnes MW (Argentina), Sarah Benson MW (UK),

The Institute of Masters of Wine Announce the Induction of Four New Members Read More »

Moldova to Host 46th World Congress of Vine and Wine

Moldova is set to become the world capital of wine as it hosts the 46th World Congress of Vine and Wine from June 16 to 20, 2025. This event, organized by the International Organization of Vine and Wine (OIV), will take place in Chișinău, Republic of Moldova. The Ambassador of the Republic of Moldova to

Moldova to Host 46th World Congress of Vine and Wine Read More »

WHO [Europe] highlights Nordic alcohol monopolies as a comprehensive model for reducing alcohol consumption and harm

The Nordic alcohol monopolies, stores that have the exclusive right to sell most alcoholic beverages in Finland, Iceland, Norway, Sweden and the Faroe Islands, have contributed to relatively low alcohol consumption and reduced alcohol-related harm in the Nordic countries. This is a part of the WHO European Region historically known for harmful drinking patterns and

WHO [Europe] highlights Nordic alcohol monopolies as a comprehensive model for reducing alcohol consumption and harm Read More »

Italy’s Wine Exports Soar: September 2024 Analysis

Italy, the world’s wine epicentre, achieved remarkable milestones in September 2024, solidifying its position as a leader in global wine export by volume. Italian wines, renowned for their diversity, quality, and rich heritage, have captivated audiences worldwide. Below, I delve into the top ten markets driving the success of Italian wine exports, offering insights into

Italy’s Wine Exports Soar: September 2024 Analysis Read More »

Unlocking the Digital Future: Liz Palmer’s Insights at the 8th UNWTO Global Conference on Wine Tourism

Liz Palmer Presents at the 8th UNWTO Global Conference on Wine Tourism: Strategies for Crafting and Preserving a Strong Digital Brand for the Wine Tourism Industry The 8th UNWTO Global Conference on Wine Tourism, held in Yerevan, Armenia, from September 11 to 13, 2024, hosted by the United Nations World Tourism Organization in partnership with

Unlocking the Digital Future: Liz Palmer’s Insights at the 8th UNWTO Global Conference on Wine Tourism Read More »