FRANCE: CIVB reports buoyant Bordeaux exports
The Conseil Interprofessionnel du Vin de Bordeaux (CIVB) has said exports from the region rose in volume and value terms for the year to 31 July.
Export volumes increased by 4% to 1.8m hectoliters, while revenues jumped 24% to EUR1.2bn (US$1.6bn).
Reds fared well with appellations including Médoc, Saint-Émilion and Pomerol benefiting, in certain markets, from buoyant demand for the 2003 vintage.
Exports to the EU were stable in terms of volume but rose 17% in value. The UK was the biggest market in terms of value. Shipments to the UK inched up by 2% to 255,000 hl, generating a 45% leap in revenues to EUR212m.
Outside the EU, exports to the US rose 29% in volume terms and leapt 70% in value. In Asia, there was strong growth in Bordeaux exports to Japan, Hong Kong, South Korea and China.
Early hopes that 2006 was going to be an outstanding vintage in Bordeaux were all but dashed by unfavourable weather conditions in August and September, but the Conseil Interprofessionnel du Vin de Bo...
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