Tag #Global Wine Market

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forbes.com

🌐 85% Global Worthiness

Aug 20, 13:16

Invivo's Strategic Investment Fuels Global Wine Expansion

New Zealand wine company Invivo, strengthened by a strategic investment from Indevin, saw its Graham Norton Sauvignon Blanc sales surge 396% in the UK in 2024, highlighting the success of celebrity-driven wine marketing and New Zealand's growing global wine presence.

Invivo's Strategic Investment Fuels Global Wine Expansion

New Zealand wine company Invivo, strengthened by a strategic investment from Indevin, saw its Graham Norton Sauvignon Blanc sales surge 396% in the UK in 2024, highlighting the success of celebrity-driven wine marketing and New Zealand's growing global wine presence.

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What is the significance of Invivo's strategic investment and Graham Norton's wine line's success for the New Zealand wine industry?

Invivo, a New Zealand wine company, secured a strategic investment from Indevin, boosting its production and global reach. Graham Norton's wine line, a key contributor, saw a 396% sales increase in the UK in 2024 and became a top 20 alcohol brand in Ireland.

welt.de

🌐 75% Global Worthiness

Mar 18, 16:10

German Wine Exports Rise Despite US Tariff Threat

German wine exports rose 3 percent to 1.2 million hectoliters in 2024, driven by global white wine demand, but threatened by potential 200 percent US tariffs that could collapse the US market, Germany's largest export market.

German Wine Exports Rise Despite US Tariff Threat

German wine exports rose 3 percent to 1.2 million hectoliters in 2024, driven by global white wine demand, but threatened by potential 200 percent US tariffs that could collapse the US market, Germany's largest export market.

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What is the impact of the global white wine trend on German wine exports, and what significant challenges remain?

German wine exports increased by 3 percent in 2024 to 1.2 million hectoliters, defying a global downturn. This growth is attributed to a global trend toward white wine, with Germany well-positioned due to its high proportion of white grape varieties (69 percent). However, threatened US tariffs pose a significant risk, potentially causing the US market—the most important for German wines—to collapse.

liberation.fr

🌐 75% Global Worthiness

Apr 16, 01:14

Global Wine Consumption Plunges to 60-Year Low

Global wine consumption dropped 3.3% in 2024 to its lowest level since 1961 (214.2 million hectoliters), driven by decreased demand in the US and China, higher prices due to reduced production (down 4.8% to 225.8 million hectoliters), and increased costs, impacting international trade despite higher...

Global Wine Consumption Plunges to 60-Year Low

Global wine consumption dropped 3.3% in 2024 to its lowest level since 1961 (214.2 million hectoliters), driven by decreased demand in the US and China, higher prices due to reduced production (down 4.8% to 225.8 million hectoliters), and increased costs, impacting international trade despite higher...

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How did the decrease in wine production and resulting price increases affect international trade in 2024?

The decline in wine consumption is a multifaceted issue, stemming from reduced demand in major markets such as the US (down 5.8%) and China, coupled with increased prices. European consumption also fell by 2.8%, with France experiencing a 3.6% decrease, partly due to generational shifts in drinking habits. Reduced production, impacted by weather extremes, further exacerbated the price increases.

zeit.de

🌐 75% Global Worthiness

Mar 18, 16:10

German Wine Exports Rise Despite US Tariff Threat

German wine exports rose 3 percent in 2024 to 1.2 million hectoliters, defying a global trend, thanks to global white wine demand; however, threatened 200 percent US tariffs pose a major threat, while the average export price fell by 11 cents to €3.24 per liter.

German Wine Exports Rise Despite US Tariff Threat

German wine exports rose 3 percent in 2024 to 1.2 million hectoliters, defying a global trend, thanks to global white wine demand; however, threatened 200 percent US tariffs pose a major threat, while the average export price fell by 11 cents to €3.24 per liter.

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What is the impact of the global increase in white wine consumption on German wine exports, and what challenges do they face?

German wine exports increased by 3 percent to 1.2 million hectoliters in 2024, defying a global downturn, driven by a global rise in white wine popularity. However, threatened US tariffs of 200 percent pose a significant risk, potentially collapsing the German wine market in the US.

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