What can we expect with regard to the impact of trade issues on the EU agri-food sector till the end of the year? Difficult to say. Let us examine the main building blocks step by step. Trade Disputes The tensions with the US are lingering on, with currently a lull of the sorts between past […]
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TRADE - 2 February 2022
WINE NEWS: 2021 EXCEPTIONAL YEAR
The beginning of 2022 marks the occasion to look back 2021 and see that the global wine trade has reached its highest ever figure, with France consolidating its position as the world’s largest supplier by value, despite sales volumes significantly lower than those of Spain and Italy. Total champagne sales for 2021 are also expected to reach a new record of €5.5 billion. In addition, the transition to more sustainable production in the sector continues, with Maker’s Mark becoming the largest distillery to achieve B Corp certification and Absolut Vodka committing to being “fossil fuel free” by 2025.
full note available on FE Members’ area
Written by Farm Europe