Farm Europe welcomes the agreement on the reform of the Common Agricultural Policy reached today. It preserves the common dimension of this policy and it provides the means to give impetus to a real economic and environmental ambition, clearly improving the European Commission’s initial proposal. The tireless work of the Portuguese Presidency, of long-established MEPs […]
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FOOD CHAIN - 1 July 2019
Wine sector: the published final figures of the Wine CMO
June started with the awaited EC publication of the final figures on the “Financial execution of the national support programme 2019-2023” of the Wine CMO.
While, in terms of wine market dynamics, latest figures by the Spanish Wine Market Observatory (OeMv) presented a first analysis for the first quarter of 2019, during which wine shipments from Spain grew by 6.3% in volume, while they decreased by 6.1% in value terms.
The UIV Wine Observatory also published its comprehensive “Wine by Numbers” report, which shows that overall, in the first quarter of 2019 the main wine markets recorded a slowdown.
Finally, Wine Intelligence recently released a report which provides an in-depth look at alternative wine opportunity across 15 global wine markets. A growing interest for the so-called “alternative wine categories” such as Sustainable, Organic, Lower-alcohol, especially among young consumers, has been reported.
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Written by Farm Europe