4.4: Madeira - Wine Law and Wine Business Flashcards
Approximately how many growers are there?
over 1000
Where is the average vineyard holding of the 1000 growers?
.3 ha
How many producers are making and maturing Madeira?
8
What are the three largest producers?
- Justino’s
- Madeira Wine Company
- Henriques & Henriques
How do most producers get grapes?
- all producers buy grapes
- only two producers own or rent vineyards (Henriques & Henriques and Madeira Wine Company), small percentage of their total production volumes
From approximately how many growers might a producer need to buy grapes?
a few hunded
How is the process of buying and selling grapes streamlined?
many producers will use agents who will provide consultation for growers during the growing season and coordinate the harvesting
What is the IVBAM responsible for?
- coordinating and supporting the wine and embroidery industries
- monitoring Madeira stocks and quality control
- representatives present at grape reception and at the beginning and end of the ageing process to seal and then unseal the maturation vessel
- IVBAM tasting panel and laboratory check the profile of wines to be labelled with an age indication or a vintage year
- technicians from IVBAM will also pay visits to the growers on the island and give advice and support as needed
- set the regulations as part of the production and labelling of Madeira
When was the IVBAM founded?
2006
How have sales of Madeira trended for the past few decades?
relatively stable
From what do the majority of sales volume come?
young corrente Madeira wines made from Tinta Negra
What are the two most common age-indicated categories?
5- and then 10-year-old Madeira
What is the largest market?
France
What is the second largest market?
Madeira (tourist trade)
What is the third largest market?
Germany
