In the year 2023, the French wine and spirits sector navigated through challenging waters to post exports worth €16.2 billion. Despite representing a 5.9% decline from the previous year, this figure stands as the second-highest in the industry’s export history. The volume of exports also saw a considerable reduction, falling by 10.4%. However, the sector managed to maintain its status as the leading contributor to France’s agri-food surplus and the third largest in the nation’s overall trade balance, with a trade surplus of €14.8 billion, down by 5.8%.
The DWI Sommelier-Cup 2024, hosted by the German Wine Institute (DWI), concluded on January 22, 2024, with Katharina Iglesias from wineBank in Hamburg claiming the title. The event, held at the Atrium Hotel in Mainz, witnessed participation from 28 professionals across various sectors of the wine industry. While the competition’s popularity remains undeniable, a critical examination of its structure and outcomes reveals aspects worth contemplating.
On the World Bulk Wine Exhibition (WBWE) in Amsterdam, leaders in the wine industry charted a path toward sustainability, aiming to reshape the sector’s future. The Sustainable Wine Roundtable, convened on November 21st, drew around 50 professionals. Their discussion, “Breaking Traditions: How Bulk Wine Can Create Both Business and Sustainability Opportunities,” highlighted the benefits of … Read more
In the competitive landscape of the our industry, wine packaging plays a pivotal role in shaping this experience. It’s not just a vessel for storage and transport; it’s a crucial component in consumer decision-making. Packaging serves as a silent salesman: it conveys a story, reflects the brands identity, and significantly influences consumer perception and buying … Read more
The Liv-ex Power 100 of 2023 reflects the international fine wine market as it undergoes a significant correction. Covering data from 1st October 2022 to 30th September 2023, this annual ranking serves as a barometer of the wine trade, showcasing a landscape defined by caution and recalibration. The rankings are calculated based on various weighted … Read more
The World Bulk Wine Exhibition (WBWE), held annually in Amsterdam, concluded its latest event on November 21st. This significant event, now in its 15th year, has become a cornerstone for the global wine industry, especially for those involved in the trade of bulk and unbranded wines. A small competition rating unbranded wines has generated additional … Read more