News have circulated that the UK-Australia Free Trade Agreement (FTA) is reaching the final legs of negotiation. The UK would have offered full free access to its market, including in beef and sheep, with a phasing-out of quotas and tariffs for these two sectors in 15 years. It is also rumoured that the UK would […]
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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