FRANCE: Q1 wine exports head south
Wine exports from France have slipped in the first quarter of this year, according to recent figures. The French wine and spirits exporters federation, FEVS, said today (26 May) that exports in the three-month period fell by 13.2% in volume and 13% in value, slumping to €752.1m (US$946.1m), compared to the last quarter of 2004.
FEVS pointed out, however, that these figures do not include Champagne or sparkling wines.
The worst affected region was the Cotes du Rhone in southern France, whose value plummeted by 34.7%. Bordeaux fell by 17.7%, while Burgundy slipped by 3.3%. Wines from the Loire were the only ones that registered a rise in the quarter.
The federation added that Champagne exports were up by 14.4% in export sales value in the quarter.
Total wine exports from France last year were down by 4.8% compared to 2003.
- It isn't just men who like beer - Comment
- Why sports drinks fail to ride the Olympic wave
- What do US wholesalers think of spirits trends?
- How the craft economy is loosening alcohol laws
- Experienced hands hold firm at CCEP - Analysis
- Diageo merges US, Canada spirits units
- Johnnie Walker's Bourbon bent "coincidental"
- "We're not complacent about Brexit" - Diageo
- Luxury and e-commerce a "natural fit" - Diageo
- Diageo's Johnnie Walker set for festive push in TR
- Global gin insights - market forecasts, product innovation and consumer trends
- The Next Seven Big Beverage Markets
- Global rum insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends