Wine Economics Archives - Page 9 of 20

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 […]

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

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

Winelikes and Balzac Communications partner to launch social networking app Read More »

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

The Comité Champagne Announces 10 Year Investment Plan Read More »

What Are The 10 Most Expensive Countries to Buy a Bottle of Wine?

Wine, Wine Economics, Wine News, Wine Tourism, Wine Trends / liz admin

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 »

South Africa Wine Exports Fall in 2022

Articles, South African Wine, Wine, Wine Economics, Wine Marketing, Wine News, Wine Tourism, Wines of Africa / liz admin

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 »

New Report: What percentage of Americans drink alcohol?

Articles, Wine, Wine Economics, Wine Education, Wine in Moderation, Wine Marketing, Wine News, Wine Trends / liz admin

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’s December’s “US Consumer Impact Report” reveals that bars and restaurants are essential for driving awareness of drinks brands

Articles, Beer, Beverage Marketing, Press, Press Release, Social Media, Spirits, Wine, Wine Economics, Wine Marketing, Wine News, Wine Trade, Wine Trends / liz admin

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

CGA’s December’s “US Consumer Impact Report” reveals that bars and restaurants are essential for driving awareness of drinks brands Read More »

US [on-premise] Wine Sales Total $14.8 Billion

Articles, News, US Wine, Wine Economics, Wine Marketing, Wine News, Wine Trade, Wine Trends, Wines of USA / liz admin

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 »

OIV Report: Average Volumes for Vintage 2022

Articles, Wine Economics, Wine News, Wine Tourism, Wine Trade / liz admin

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” 2022 – All About Burgundy

Articles, Wine, Wine Economics, Wine Investment, Wine Marketing, Wine News / liz admin

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 »

Wine Economics