Weaker Cognac sales caused French spirits exports to fall significantly in 2009, according to trade body Fédération des Exportateurs de Vins et Spiritueux (FEVS).
Spirits exports decreased 12% in value to EUR2.25bn (US$3bn) and 8.6% in volume to 45.4m cases, FEVS said, blaming the economic downturn for the fall.
Cognac exports dropped 15.6% in value and 14% in volume, despite a recovery in the final quarter.
Go deeper with GlobalData
Last week, it emerged that French wine exports have fallen back to year 2000 levels.
Commenting on both wine and spirits, FEVS president Claude de Jouvencel said that the year had “ended much better than it had started with November and December being good months.”
However, he said that the outlook remains uncertain for 2010 and a lasting recovery is probably still some way off.
Stay informed for just £1! *
Get access to unbiased and data-driven news with a subscription to Just Drinks.
What’s included in your subscription:
- Unlimited access to Just Drinks content including daily global news, in-depth analysis, and interviews with C-suite executives
- Unbeatable coverage of categories from beer, wine and spirits to soft drinks and hot
beverages - Unrivalled drinks industry comment from Dean Best, Jessica Broadbent and leading sector specialists
Have a Subscribtion Sign in
Get help with subscribing or signing in
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData*30-day digital subscription for £1. Available to new subscribers only
