1. Market trends

    Chinese wine market showing signs of development despite imported wine volume decline in 2018

    Chinese wine market showing signs of development despite imported wine volume decline in 2018, according to Wine Intelligence’s latest China Landscapes 2019 report. The Wine Intelligence China Landscapes 2019 report notes that the past year has been rough for the Chinese (…)

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  2. Market trends

    Japan to eliminate tariffs on US wine in trade deal

    Japan has agreed to phase out tariffs on US wine imports as part of a bilateral trade deal expected to be signed at the end of the month, the Nikkei newspaper reported on Sunday (Sept 15). Japan will eliminate (…)

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  3. Market trends

    International demand for New Zealand wine at an all-time high

    International demand for New Zealand wine shows no sign of slowing, with total export value reaching a record $1.83 billion according to the 2019 Annual Report of New Zealand Winegrowers. Export value has risen by 6% in June (…)

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  4. Market trends

    La Place de Bordeaux – September releases

    A number of high value DRC wines traded this week, including La Tache 1996, 2016 Assortments and the famous Romanee Conti 1971. The trades helped push Burgundy’s trade share up to 24.2% of the total by value, (…)

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  5. Market trends

    New records at the 159th Hospices de Beaune

    On 17 November, at the 159th auction at the famous 15th-century Hospices de Beaune, 589 barrels of wine were sold for a total of €12,013,100, an average price of €20,396 per barrel. This final sum was less than (…)

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  6. Market trends

    Average value of bottled exports hits new record

    The value of Australian wine exports has continued to grow in the 12 months to September 2019, increasing by 7 per cent in value to $2.89 billion. Importantly, this period saw the average value of bottled exports reach (…)

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  7. Market trends

    Drinks industry deals (M&A) valued at over US$12 billion

    Mergers and acquisitions in the drinks industry during the summer (from July to September 2019) were valued at more than US$12 billion, according to research from analyst firm Global Data. That figure was 328% higher than the total for the previous (…)

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  8. Market trends

    Fine wine prices fall in 2019: report extract

    Faced with persistent political and economic headwinds, all three of the Liv-ex indices – Liv-ex 50, Liv-ex 100 and Liv-ex 1000 – dipped in 2019. The Liv-ex 50, which tracks the performance of the First Growths, suffered the most (-3.6%), while the industry (…)

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