The US market uncorked 40% more Proseccos in 2021 than pre-pandemic levels, as the market is responsible for consuming nearly one fifth of the total … Read More
USA
China’s wine imports in the first five months of the year continued to dip but its overall decline was lifted by growth recorded in May, while uncertainties loom as cases double in Shanghai again, posing fears of another lockdown. Read More
Luxury group LVMH's wines and spirits revenue soared 26% last year, thanks to reopening of on-trade business in the US, Europe and a rebound in Asia. Read More
The latest research by IWSR shows alcohol ecommerce across global key markets continued to grow with new app-driven business models during the pandemic. In fact, global alcohol beverage ecommerce is projected to grow 66% to US$42 billion over the 2020-2025 period. Read More
Bourgogne wine exports boomed in the first four months of the year, buoyed by US tariff suspension and a stunning comeback from China. Read More
Covid-19 and the sting of Trump's punitive tariffs on French wines are souring the taste of Bourgogne wines in export markets. Read More
The average value of Australian wines exported reached its highest level of the past 15 years, but its total value saw a slight dip of 1% for the 12 months ended in June this year, due to social distancing measures enforced globally to contain coronavirus pandemic. Read More