Wine Economics

Global wine consumption could see a ‘shift’ by 2027

Wine consumption trends could “shift” according to a new report analyzing the global wine market changes between 2022 and 2027. This new report was led by analysts at Research and Markets of which findings were brought together by multiple data sources, which collates data from over 107 countries. The data showed that the global wine […]

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The Future of Amarone: Identity and Evolution by Filippo Magnani

There is perhaps no better place in the world to bring together opera and wine than Verona, Italy. Opera was born in Italy and Verona hosts one of the world’s most famous opera festivals in its magnificent Roman Arena. The region also produces one of Italy’s most celebrated red wines, Amarone. It was only fitting

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2024 Wine Paris & Vinexpo Paris: The Report

The 5th Wine Paris & Vinexpo Paris has turned the current economic challenges into strategic opportunities for the wine and spirits industry. This year, the event has established its credentials not only as a pivotal hub for business, but also as an influential platform, stepping up its decisive role in the business and political space

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Wines of South Africa Export Report 2023: Positive Value Growth, Despite Challenging Global Economy

The year 2023 will undoubtedly be remembered by the world’s wine fraternity as one of the most challenging. This rings true in the context of South African wine exports as well, with volume declines of 17%, resulting in total export volumes of 306 million litres. The silver lining for South African producers can be seen

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Benvenuto Brunello 2023, Presenting the Iconic Elixir of Tuscany – Filippo Magnani

On November 28th wine enthusiasts and professionals in nine key cities worldwide gathered to celebrate Brunello Day. London, New York, Dallas, Miami, Toronto, Vancouver, Zurich, Shanghai, and Tokyo all raised their glasses in honor of Brunello di Montalcino, the iconic elixir of Tuscany. This celebration is in fact the culmination of a 10-day event called

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Silicon Valley Bank Releases 23rd Annual State of the US Wine Industry Report

The 2024 report examines the latest consumption, pricing, sales data, and the most promising wine industry marketing strategies. It provides an in-depth analysis on the key trends impacting the US wine industry: • While full-category wine sales by volume will be down for a third consecutive year; • 2023 year-end premium wine sales will likely

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Taste-Driven AI Algorithms Enhance Wine Selections

For wine enthusiasts, choosing a bottle of wine can be challenging when scanning unfamiliar labels, while shopping. Questions that come to mind: What does it taste like? What was the last one I bought that tasted so good? Vivino, Hello Vino, Wine Searcher and other apps let wine buyers scan labels to get information about

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Global Wine Production Lowest Level Since 1961

Global wine production has fallen this year to its lowest level since 1961 as vineyards were pummeled by extreme weather events, according to a statement issued this week by the International Organization of Vine and Wine (OIV). Output reached 244.1 million hectoliters, down 7% from last year, the intergovernmental body said as it presented its

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Wine News: Trade in Wine and Vine Products Continues to Raise

The first edition of the Vine and Wine World Trade Forum was held a few weeks ago in Dijon, France. It has revealed that international trade in wine and vine-related products has grown significantly over the past two decades. The market has also become more diversified as consumer tastes have changed. While traditional winemaking economies,

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Announcing Liz Palmer is Guest Speaker at the 7th UNWTO Global Conference on Wine Tourism

I’m so thrilled to have been invited as a guest speaker at the upcoming 7th UNWTO Global Conference on Wine Tourism!! The topics for the 7th Edition include “Inclusive, Sustainable and Digital Wine Tourism: Building Stronger Territorial Cohesion” This yearly conference has become a leading international forum on trends, tools and opportunities to advance global

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