French wine and spirits exports held up well in the first half of this year

French wine and spirits exports held up well in the first half of this year

 

French wine and spirits exports posted strong growth in both volume and value in the first half of 2010, according to figures issued by the Fédération des Exportateurs de Vins et Spiritueux (FEVS).

Still and sparkling wine exports by volume totalled over 66.5m cases, an increase of 41% on the first six months of last year, while spirits rose by 19.5%, exceeding 23.2m cases. Value exports for French wines in the period totalled close to EUR2.64bn (US$3.36bn), up by 21.9%, while spirits increased to EUR1.23bn, up by 34%.

“Clearly, these figures are in comparison with ... a period where orders had more or less dried up and customers were running down their stocks,” a FEVS spokesman told just-drinks today (9 September).

“Nevertheless, a very positive trend appears to be emerging now and we are looking to the second half of 2010 to confirm the recovery underway.”