This month started withthe awaited votes of the European Parliament’s Agriculture Committee (ComAgri) on negotiation positions on the CAP post-2020 reform package, namely the new EU rules for the Common Market Organisation in agricultural products (April 1), the CAP Strategic Plans (April 2) and the Horizontal Regulation (April 8). In terms of wine market […]
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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.
full note available on FE members area
Written by Farm Europe