Blog Vinexpo - News about the wine and spirits business

when? Tuesday, July 01, 2008 9:48:37 AM 
Tequila culture becomes world-wide trend

Having reached 20 million cases in 2006, Tequila consumption had grown by 24% from 1998. This is a very concentrated market with the ten leading consumer countries drinking 92% of the world total. The two leaders are the US with its high numbers of Mexican immigrants accounting for 50% of consumption and the home of Tequila, Mexico, with 35%. (Source: Revue Vinicole Internationale / The IWSR)

when? Tuesday, July 01, 2008 8:04:47 AM 
Constellation Brands sells wine assets

Wine company Constellation Brands said it sold certain US wine assets to Eight Estates Fine Wines, LLC, for $209 million in cash. The company said it could receive up to another $25 million if certain objectives are achieved by Eight Estates. (Source: CNN Money.com)

when? Friday, June 27, 2008 3:13:30 PM 
Spanish wines enter a golden age

Displaying remarkable energy and world-class ambitions, Spain has clearly joined the club of the major wine producers of the planet. Although the local grape varieties such as tempranillo, monastrell, albarino and verdejo are still favourites, wine styles have become more self-assured and now attract an international clientele. (Source: La Revue du Vin de France)

when? Friday, June 27, 2008 11:54:48 AM 
Wine consumption goes up in Canada

Canadian wine and spirits agencies sold $5 billion worth of wine in 2006-2007, a 9.5% increase compared to 2005-2006. In volume terms, the Canadians bought 405.7 million litres of wine, up 7.1% compared to the previous year. (Source: Le Quotidien)

when? Friday, June 27, 2008 7:23:19 AM 
World gin consumption declines

Over the period 1998-2006, the world consumption of gin decreased by 17%, but the market is still a considerable one with 50 million cases consumed. The two leading consuming countries in the world are the Philippines who are clearly ahead accounting for 37% and the USA with 22% of total volumes. (Source: Revue Vinicole Internationale – The IWSR)

when? Thursday, June 26, 2008 3:44:33 PM 
Exports of Bordeaux claret reach new heights

According to the Conseil Interprofessionel du Vin de Bordeaux (CIVB), exports of claret were up 9% in 2007 to an historic high of €1.39bn. Volume was also up 7%. Much of that growth was due to increased sales of wines in the €4.50 to €15 price range. (Source: Wine Business International)

when? Thursday, June 26, 2008 12:12:48 PM 
Mongolian vodka producer seeks international market

Mongolia’s largest producer of alcoholic drinks announced it would seek to introduce its two Mongolian vodkas to international markets. Strategy expansion plan is based on two main factors: the first being the rapid sales growth of white spirits and vodka in the world with the trendy culture to drink cocktails. (Source: Mongolia Web News)

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