A research conducted by AC Nielsen reveals that over 60% of the best wine brands in the United States are closed with natural cork. Data provided from one of Portugal’s largest cork company, Amorim, shows that the resurgence is general.
A research conducted by AC Nielsen reveals that over 60% of the best wine brands in the United States are closed with natural cork. Data provided from one of Portugal’s largest cork company, Amorim, shows that the resurgence is general.
According to the British consultant Wine Intelligence, world wine consumption will increase 2,000 million dollars in turnover. Besides, per capita consumption is increasing in nearly 200 countries. In an article published by Drinks International, Lulie Halstead maps out the opportunities and challenges facing producers in the coming decade.
Wines with a high added value and Grand Cru will come out with flying colors from the international crisis. This is what a research conducted by Wine Business Intelligence claims. It also predicts that medium and low range wines will be the most affected.
Although this kind of practice is not so common in our country, in the United States it is starting to be a considerable business that handles between 30,000 and 32,000 million dollars per year.
It is the third destination of Argentinian bottled wine exports in terms of value. After the devaluation provoked by the crisis, Argentina has lost competitiveness. In this article, WineSur shares current research data about the Brazilian market.
The wineries are getting their plans ready to face the upcoming year, although recession and uncertainty seem to jeopardize daily tasks. Most of them already have a formula for 2009 to keep business running, and nearly all of them firmly seek to keep growing.
The financial crisis has resulted in changing habits among consumers in the major export markets for bulk wines in terms of value. Some experts talk about possible benefits for Argentinian wines.
Yellow lights are becoming predominant in the industry. In face of the instability of markets, winery owners have begun to develop crisis programs in order to endure the decline of the world’s stock markets. Everyone is waiting to see what happens.
Funding has toughened due to the global crisis and there are signs of weakening in the chain of payment. Some analysts anticipate a complicated scenario for 2009.
The global impact of world economic problems has reached the suppliers of the wine industry. They are shortening their payment deadlines and anticipating a difficult 2009.