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12 May 2026
Wine Economy & Market
According to the 2026 BMO Wine Market Report, Americans spent more than $115 billion on wine in 2025, a record high, yet consumed fewer bottles for the fourth consecutive year. This disconnect between value and volume reflects a structural trade-up in the market, combined with a declining number of regular wine drinkers. In response, California wineries are reducing acreage and rationalizing production. Despite these headwinds, 71% of US wineries surveyed...
Read more...12 May 2026
Wine Economy & Market
A Deloitte report commissioned by Wine Growers Canada reveals that the Canadian wine industry generates $10.1 billion in GDP and supports nearly 100,000 jobs across six producing provinces. The report identifies an additional growth potential of $3.6 billion if Canadian wines reached a 51% domestic market share. The main obstacles remain interprovincial trade barriers and the absence of a coordinated national strategy comparable to those of leading wine-producing countries. The...
Read more...11 May 2026
Wine Economy & Market
American courts continue to dismantle tariffs imposed by the Trump administration on European wines and spirits. The latest ruling struck down the worldwide 10% tariff, offering significant relief to an already pressured industry. These successive judicial reversals are creating major legal and commercial uncertainty for European importers and producers, who are struggling to plan their export strategies. The situation remains unstable, with new tariffs potentially being imposed as quickly as...
Read more...08 April 2026
Wine Economy & Market
The global non-alcoholic and low-alcohol wine market recorded growth of over 10% in 2025, driven by changing consumer behavior, particularly among younger generations. In 2026, this trend is accelerating with the arrival of premium cuvées from established producers. De-alcoholization technologies are advancing, enabling increasingly high-quality alcohol-free wines. This category represents a significant commercial opportunity for producers and importers seeking to capture new consumer segments.
Read more...02 April 2026
Wine Economy & Market
A bottle of Domaine de la Romanée-Conti 1945 has just sold for $812,500 at an Acker auction in the United States on March 28, 2026, shattering its own world record of $558,000 set in 2018. This legendary bottle, from a total production of only 600 bottles, is considered the absolute pinnacle of wine collecting worldwide. It represents the last vintage produced by the Domaine from its pre-phylloxera vines, before their...
Read more...03 February 2026
Wine Economy & Market
The structural crisis in the American wine market is beginning to produce concrete effects on employment. California giant Gallo, one of the world's largest wine producers, has shut down several production facilities and cut nearly 100 jobs, in response to softening demand and declining consumption among younger generations. This move is part of a broader trend: several California wineries have chosen to close or restructure under the combined pressure of...
Read more...20 January 2026
Wine Economy & Market
As prices for Bordeaux, Burgundy and Napa Valley classics continue to rise, Portugal is establishing itself in 2026 as the strategic choice for professional buyers worldwide. With over 250 native grape varieties, modernized winemaking and an unmatched price-to-quality ratio, the country is targeting €1 billion in wine exports in 2026. Touriga Nacional from the Douro and Dão delivers complexity comparable to international fine wines at a fraction of the price....
Read more...15 January 2026
Wine Economy & Market
After three years of correction, the global fine wine market enters 2026 in a context of gradual stabilization. Prices for great wines sit near five-year lows, but the trend has been pointing upward for four consecutive months. Demand is broadening beyond Bordeaux and Burgundy toward Italy, Champagne, Spain and California. One major uncertainty remains: the US 15% tariffs on European wines are currently being challenged before the Supreme Court, with...
Read more...14 October 2025
Wine Economy & Market
According to data published by IWSR, the number of wine consumers in major global markets has been declining since 2021, with a drop of 5 million drinkers between 2021 and 2024.In the United States, despite a population increase of 9.5 million adults since 2022, the number of monthly wine consumers has risen by only 500,000.In mature markets such as the United Kingdom, France, Portugal, and Belgium, those aged 55 and...
Read more...15 September 2025
Wine Economy & Market
After three years of correction, the global fine wine market returned to positive momentum in the second half of 2025. The main Liv-ex Fine Wine 50 and Fine Wine 100 indices rose by approximately 2.5% over the last four months of the year, while the Liv-ex Fine Wine 1000 gained 1%.Buyer-to-seller ratios rebounded significantly, signaling renewed confidence among market participants. However, this recovery remains partial, with the market still trading...
Read more...12 August 2025
Wine Economy & Market
In 2025, the global wine industry faced increasing scrutiny of alcohol consumption from a public health perspective.In the United States, the U.S. Surgeon General issued an advisory highlighting the risks associated with alcohol consumption, fueling a debate that extends beyond U.S. borders.This context comes on top of a structural decline in the number of wine consumers, which fell by 5 million people between 2021 and 2024 in the world’s major...
Read more...22 May 2025
Wine Economy & Market
The wine market in China has undergone significant changes in recent years, thanks to rapid growth. Market expansion is driven by a growing middle class with rising incomes and growing knowledge of wine recognized as a symbol of status and sophistication. Recent developments have hinted at potential changes in China's wine industry as the market responds to global economic pressures and the lifting of strict pandemic restrictions. Industry observers are...
Read more...15 May 2025
Wine Economy & Market
The 2024 Bordeaux en primeur campaign kicked off in the spring of 2025 amid challenging conditions. Faced with market pressure, several châteaux agreed to price cuts of up to one-third compared with the previous vintage. Despite these commercial efforts, the campaign failed to reignite buyer enthusiasm.The 2024 vintage, considered inconsistent, did not offer the quality needed to spark strong buying momentum. Global economic uncertainty and the U.S. dollar’s weakness against...
Read more...13 April 2025
Wine Economy & Market
In March 2025, U.S. President Donald Trump threatened to impose 200% tariffs on all European wines and spirits, sending shockwaves through the global market. On April 2, 2025—dubbed “Liberation Day”—the confirmed tariffs were ultimately set at 15% on European wines, prompting American buyers to withdraw en masse from the secondary market.This trade shock weakened an already-strained fine wine market, while opening up an opportunity for European buyers, whose volumes rose...
Read more...15 June 2024
Wine Economy & Market
In a recently released report the US wine industry shows that total dollar sales increased in 2023 with a steady increase since 2018. There are more than 11,600 wineries operating in the United States and half of the producers had reached their sales targets by 2023. Wine shipment volume declined in 2023, but dollar sales increased from previous years, reaching USD 107 billion. In 2018, sales in the USA represented...
Read more...20 May 2023
Wine Economy & Market
In 2022 the United States of America imported more than 34 million bottles of Champagne, which represents a turnover of more than 793 million and an increase of +58% compared to 2022.France is the world's largest consumer of champagne with more than 185 million bottles.United Kingdom: 28 million bottles – 550 million eurosJapan: 16 million bottles – 432 million eurosGermany: 12 million bottles – 245 million eurosAustralia: 10.5 million bottles...
Read more...24 February 2023
Wine Economy & Market
Dubai has just removed the 30% tax on alcohol sales in order to stimulate international tourism, and is also removing the fee on personal alcohol licenses, because for an individual who wishes to drink alcohol at home it was required to have a personal liquor license.
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