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wine news with vvinex

 


eNEWS

All your VINEX wine trade market news, delivered to you every Friday.

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Weekly news in brief...

[GB] UK hospitality sector records first full month of growth since post lockdown
Increasing consumer confidence and staycations have seen the UK’s top managed pub, bar and restaurant groups lift sales to above pre-Covid levels in August, according to the latest edition of the Coffer CGA Business Tracker report.  The report reveals that sales were 5% ahead of August 2019, and is the first month of year on year growth since  ...  >>read more


[GB] English and Welsh wine see sales surge by over half in past year, despite pandemic
Exports of English and Welsh wines have rocketed dramatically in the past year, despite the difficulties created by the pandemic.  Sales jumped by over half (51%) in the period, with Scandinavia now accounting for  ...  >>read more


[IT] Italian exports on track to reach record high by year end
Italian wine exports are on course to hit a record high by the end of the year, when shipments are forecast to reach a value of €7bn. Exports have surged by 16% in the first half of this year to reach €3.3bn, driven by ...  >>read more


[AT] Austrian grape harvest later than usual, with average yields expected
Austria’s wine grape harvest will take place later than usual due to cool weather earlier in the year which hindered the development of the vines.  According to ...  >>read more


[AU] Exports of Australian reduced alcohol wine by market
Source: Wine Australia

>>read more


[AU] Australia's treasurer warns of need to diversify away from China, as total trade losses amount to over $1bn
Australia’s wine exports to Germany and Singapore have surged as producers seek out alternative markets to replace the loss of the Chinese market in the face of “economic coercion” by Beijing.  This is  ...  >>read more


[CN] A Ningxia's exports jump 46% year on year
China’s top winemaking region, Ningxia, has seen exports jump by over 46% in the past year despite the downward trend in international trade.  Wine producers from the region in the north of the country claim  ...  >>read more

Review all the news of the week here >>Continue 
Weekly news report...
There's wealth in health...

by Richard Siddle

Trend towards low and no alcohol gathers pace, outstripping overall wine category...

The global trend towards drinking less alcohol has seen the low and no alcohol sector growing by well above that of the total wine market in recent years.

Between 2015 – 2020 the average annual growth rate was 25%, and the IWSR has forecast that ...

But as the trend for drinking less gathers pace, particularly amongst younger consumers who are driving the trend, then sales will...

Over a fifth (22%) of regular wine drinkers said they were cutting down by not drinking at all on some occasions, while 14% of respondents ...