As we are all aware, the average price of a bottle of mid-priced wine can vary drastically from country to country. CompareMyJet has researched and compared the price of wine across 38 OECD countries (converted to GDP) to reveal the most expensive countries to buy a bottle of wine. Here are the results: Country Capital […]
What Are The 10 Most Expensive Countries to Buy a Bottle of Wine? Read More »
According to recent data released by Wines of South Africa (WoSA), export volumes dropped 5% year-on-year to 368.8 million litres of wine. Sales by value declined 2.9% to ZAR9.9bn (US$577m). WoSA advised that this was due to adverse weather and supply-chain disruption. “The recovery of exports was hampered in 2022 by various factors out of
South Africa Wine Exports Fall in 2022 Read More »
Here is the short answer… The percentage of US adults [18 years and older] who drink alcohol averaged 63% over the last two years, whereas 36% described themselves as “total abstainers.” The drinking rate ticks up to 65% when narrowed to adults of legal drinking age, which is 21 and older nationwide. Since 1939, Gallup
New Report: What percentage of Americans drink alcohol? Read More »
CGA by NielsenIQ’s latest consumer research reveals that bars and restaurants are essential for driving awareness of drinks brands, with 61% of consumers more likely to look for new brands in the on premise as opposed in stores and 54% stating they’ve made an in-store purchase of a brand that they first tried in the
Wine sales in the US on-premise sector totaled $14.8 billion in the 52 weeks ended October 8, 2022 according to CGA Strategy by NielsenIQ. Latest data from the market research firm CGA Strategy reflects a 22% increase over the same period in 2021, but growth is slowing as the on-premise market recovery continues. Sparkling wine
US [on-premise] Wine Sales Total $14.8 Billion Read More »
World wine production in 2022 is again expected to be slightly below average, with differences between the individual winegrowing zones and countries. The International Organisation of Vine and Wine (OIV) forecasts global production of between 257.5 and 262.3m. hl of wine and must in 2022. There will be regional differences in harvest volumes, but the
OIV Report: Average Volumes for Vintage 2022 Read More »
The Liv-ex Power 100, produced in conjunction with The Drinks Business Magazine, their annual list of the most powerful brands in the fine wine market. The Power 100 is a snapshot of the ever-changing landscape of the secondary market and this year’s list caught Burgundy at the very height of its latest upswing. For the
The Liv-ex “Power 100” 2022 – All About Burgundy Read More »
OIV releases its report on 2022 Global Wine Production Projections and here are their findings: Severe drought and extreme heat pose a new threat to wine production. In 2022, despite the heat wave that touched many regions of the world, global wine production volume is expected to be at a level similar to the one
OIV Releases 2022 Global Wine Production Projections Read More »
Officially today, October 30, 2022, the intergovernmental viticulture organization, The International Organisation of Vine and Wine (OIV) will readmit Ukraine to its ranks. The war-ravaged Eastern European state was previously a member from 1997 to 2008, and had applied for membership last year, before the February invasion. This brings now brings the number of OIV
Ukraine officially becomes the 49th OIV member state Read More »
A study dealing with: “Wine labeling with the list of ingredients: context, consumer’s perception and future challenges” was just released in anticipation of the new European Réglementation. The study questions the perception by the consumer of different types of ingredients on the label. You can view this study here: https://www.wine-law.org/index.php/en/ingredients-on-wine-label-a-consumers-perception-study/ #wine #winelabelling #winenews #winestudy #winelovers #wineconsumer
Ingredients listed on a wine label: a consumer’s perception study Read More »
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