Strong uptick for Rhone Valley exports

31st July 2018 by Rachel England
Posted in: Wine Making, Wine Market News,
Tagged: Rhone Valley wine exports UK US China Belgium Germany volume value market demand
Strong uptick for Rhone Valley exports

Exports of Rhone Valley wines saw a stable increase last year, according to InterRhone. Total sales in 2017 amounted to 2.7 million hectolitres, with export volumes rising an average of 7%, and values rising 8% from €458m to €493m.

Some 62% of exports went to European markets, followed by the US with 22% and Asia with 12%. The single biggest market remains the UK, despite small declines in volume (3%) and value (4%).

The second biggest market, Belgium, also saw small declines, but the US bucked this trend with a 19% volume increase and 21% value rise.

Germany also saw gains (up 8% in volume and 11% in value), while China steamed ahead with a 50% rise in volume exports and a 43% rise in value.

This heightened demand could translate to increased prices, particularly as 2017’s final yield was lower than usual – 18% down on the three million hectolitres harvested in 2016.

Related link:

https://www.thedrinksbusiness.com/2018/07/export-markets-shine-for-rhone-valley/

 

 

 

Posted in: Wine Making, Wine Market News,
Tagged: Rhone Valley wine exports UK US China Belgium Germany volume value market demand