Wine Economics Archives

Demand for New Zealand Sauvignon Blanc causes strong export growth

Articles, New Zealand Wine, Wine Economics, Wine Marketing, Wine News, Wines of New Zealand / liz admin

Soaring demand for New Zealand Sauvignon Blanc allowed the country’s wine producers to increase exports by 25% in the past year. Strong export value and increasing international demand will help support further export growth over the next 12 months, despite a challenging season and a smaller harvest than last year, reports New Zealand Winegrowers. The […]

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UNWTO Sets Spotlight on Tourism Investment in the Americas

Articles, Travel, Trending Topics, Wine, Wine Economics, Wine Marketing, Wine News, Wine Tourism, Wine Trade, Wine Trends / liz admin

UNWTO further strengthened its cooperation with the Development Bank of Latin America and the Caribbean as it brought together public and private sector leaders to advance investments in the tourism sector. Against the backdrop of the meeting of its 68th Regional Commission for the Americas, June 30th, 2023 in Quito, Ecuador, UNWTO hosted the Seminar on

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WineGB Releases its 2023 Industry Report

Articles, English Sparkling Wine, News, Sparkling Wine, Wine, Wine Economics, Wine Marketing, Wine News, Wine Research, Wine Tourism, Wine Trade, Wine Trends / liz admin

Last week Wine GB released its 2023 Industry Report, which includes the latest data from producers and figures supplied by Wine Standards. Here are some key findings: Plantings continue to grow – there are currently just under 4,000ha under vine, with forecasts predicting an increase to 7,600ha by 2032; In terms of production, the mid-range

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Champagne Releases 2022 US Market Update and Outlook

Articles, Champagne, champagne region, French Wine, Wine Economics, Wine Education, Wine News, Wine Tourism, Wine Trade, Wine Trends / liz admin

Comité Champagne (Comité Interprofessionnel du vin de Champagne (CIVC) recently released their 2022 US market update and outlook. Global champagne sales boasted the highest in 15 years – 325.5 M bottles shipped, worth over $6.6 billion. “This is a proof of dynamism of the Champagne market in both volume and value,” said Gaëlle Egoroff, Comité

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Smart Technology Helps Wine Tourism Grow in South Africa

Articles, South African Wine, Wine Economics, Wine Marketing, Wine Tech, Wine Technology, Wine Tourism, Wine Trade, Wine Trends, Wines of Africa / liz admin

Vinpro, together with the Cape Winelands District Municipality is funding a new wine tourism research pilot program to generate tourism intelligence and help South African wineries grow their Direct-to-Consumer business. Launched in March of this year with sixteen wineries, this new pilot program is a continuation of one of Vinpro and the SA Wine Routes

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Current State of the World Vine and Wine Sector [Web Conference]

Articles, Global Wine Evemts, News, Trending Topics, Wine, Wine Economics, Wine News, Wine Trade, Wine Trends / liz admin

The Director General of the International Organisation of Vine and Wine, Pau Roca, will review the current situation of the vitivinicultural sector at a global scale on Thursday, April 20th 3 PM CET with presentations and data on: World Wine Trade, World Wine Consumption, and World Wine Production. The OIV is the intergovernmental organization of

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The Think Tank on Talent in Wine Tourism – Part I

Articles, Wine, Wine Economics, Wine Education, Wine Marketing, Wine News, Wine Tourism, Wine Trade, Wine Trends / liz admin

The Think Tank on Talent in Wine Tourism took place March 23 and 24 2023, ahead of the 7th UNWTO World Conference on Wine Tourism, November 2023 in La Rioja, Spain. The overall objective was to address the current situation of wine tourism training at the international level and to identify the specific training needs

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New Index “WB Stock Index (WBIX)” Tracks Performance of Public Wine Companies

Articles, Bordeaux, Bordeaux Wine, Burgundy, California Wine, Wine, Wine Economics, Wine Marketing, Wine News, Wine Tech, Wine Technology, Wine Trade / liz admin

A new tool rooted in publicly traded wine companies and offering insights into the health of the wine sector has launched on winebusiness.com. The WB Stock Index (WBIX) is a composite metric representing a portfolio of 13 publicly traded wine companies, weighted by each company’s annual wine revenue. The index reflects the daily percentage change

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Winelikes and Balzac Communications partner to launch social networking app

Articles, Wine, Wine and Food Pairings, Wine Economics, Wine Marketing, Wine News, Wine reviews, Wine Tech, Wine Technology / liz admin

The new social networking app “Winelikes” will be released as a beta version in a few weeks, connecting wine drinkers, wineries, bars and restaurants. The new app is designed to grow consumers’ wine knowledge, wine palates and help them share experiences along the way. The app will allow you to generate a taste profile that will

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The Comité Champagne Announces 10 Year Investment Plan

Articles, Champagne, Champagne Harvest, champagne region, Climate Change, Wine, Wine Economics, Wine News, Wine Trade, Wine Trends / liz admin

The Comité Champagne today lifts the veil on the sector’s plan for the next decade, defining a global trajectory to face the challenges of the next 10 years. The main objective of this plan is that Champagne is always available, always desirable and always exemplary. In addition, the Comité Champagne will increase its annual budget

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