In the face of the conflict in Ukraine, the month of March was punctuated by government announcements of new sanctions against Russia, and decisions by businesses and citizens to boycott certain products from Russia. The conflict is nevertheless threatening the production of certain crops, notably barley, for which producers fear a shortage and warn of […]
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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.
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Written by Farm Europe