General Industry News And Stats Flashcards
What are the top five countries exporting wine to the UK?
- France
- Italy
- Spain
- Chile
- Australia
What two words best describe the 2018 wines presented at this year’s En Primeur
Heartbreak and happiness
Heartbreaking as for many top estates the 2018 vintage produced two thirds or less than the 2017 vintage.
Throughout Bordeaux, the crop was 30% below average. Mildew and drought. Rain and humidity plagued the region from spring through July which brought Mildew.
From mid-July until harvest the rain turned to constant sunshine and drought
Why is the domestic Australian wine market decreasing?
Like most mature markets, Australia has declining per capita consumption and low population growth leading to overall decline in market volume.
Trends driven by younger drinkers embracing a broader repertoire of drinks and being more likely to switch into a non alcoholic option.
Premium price segments are growing at expense of lower price segments opportunities in $15-20 and $20-30 per bottle categories.
Is the domestic Australian wine market premiumising?
Yes although overall volumes are decreasing, premium price segments are growing at expense of lower price segments, providing opportunities particularly in the $15-20 and $20-30 per bottle categories
Is the trend for organic wine increasing or decreasing?
Organic wine is increasing and it forecasted to reach 87.5m cases globally by 2022.
Where is the growth in organic wine coming from?
Europe.
Europe will account for 78% of global organic wine market by 2022. The Americas will represent about 12% of total organic wine consumption
What is the difference between EU and US definitions of organic wine?
The EU defines wine as organic if it is produced from organic grapes or from oenological techniques and substances authorised for organic wine.
In the US the United States Department of Agriculture mandates that before wine can be sold as organic both the growing of the grapes and their conversion to wine must be certified.
Is organic area under vine increasing or decreasing?
Total organic area under vine has increased by 234% since 2017 and in 2017 surpassed 400,000 hectares
How much extra do UK consumers pay for organic wine?
UK consumers pay an average of 38% more for a bottle of organic wine vis non organising and are buying more red than white/rose 60% vs 40%
What percentage of organic wine in the UK is old world?
72% with France, Italy and Spain at the forefront
Who is the organic wine consumer in the UK?
Primarily caters for wealthier wine lovers or regular buyers of organic produce and those who reside in metropolitan areas particularly London
What is the expected growth of organic wine sales in the UK?
While overall total wine consumption in the UK is in declined organic wine is expected to post a growth of 9.4% between 2017-2022
Where is 70% of the organic wine sold in the US from?
The US
Who is the organic wine buyer in the US?
Organic wine buyers in the US skew female, Milliennials and high income especially those consumers in major markets who focus on healthier lifestyles and have a preference for natural food and beverage products
What is the growth rate of organic wine in the US?
Total still wine consumption is increasing in the US although still a niche category, organic wine is slowly taking share from non organic.
Total wine volume is forecasted to increase about 1% 2017-2022 with organic wines expected to post 14.3% growth.
What percentage of organic wine consumption in France is from French producers?
99% and accounts for just under 4% of the overall still wine category