Supply and Demand

Question 1

What influences supply in Champ?

Answer 1

-setting max yields of grapes
-for base wine
-and reserves

Question 2

What does setting max yields depend on?

Answer 2

-current stocks
-world demand
-progress of the season- July

Question 3

What is the av yield of grapes PA?

Answer 3

10,500 k/ha

Question 4

What else is being reviewed?

Answer 4

-additional land around appellation to make champ

Question 5

What are the price trends looking like in the domestic market?

Answer 5

-av bottle price low= large vol of cheap champ in sms
-% of cheapest wine (under $12) dropping
-% of aine (above $20) rising

Question 6

What are the top 5 export markets for champ?

Answer 6

-UK, USA, Japan, Germany, Belgium
-UK= high vol, low price
-USA and Japan= high value

Question 7

What is champ repositioning away from and how are they doing this?

Answer 7

-vol market (prosecco)
-less use of chemical fertilisers
-and lower yields set
-focus on higher prices

Question 8

What has the vol of champ dropped by, and how much has the value risen?

Answer 8

-10% vol
-1/4 val