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Dez 18

MARKETS & DEVELOPMENT OF BURGUNDY WINES: BACK TO NORMALITY IN A GLOOMY GLOBAL ENVIRONMENT

Tag: Länder,Regionensigi.hiss @ 10:55

Extraordinary growth in export sales, sustained sales from wine growers to traders, Burgundy has beaten all its records for the last two campaigns. Sales activity reached such a level that the region had clearly exceeded its production capacity. Wine growers‘ stocks had plummeted (with scarcely 10 months‘ harvest in stock), reaching their lowest level since 1999. The 2007/2008 campaign has seen a return to normality.
The economic situation of the wine-growing region is healthy despite the gloomy international environment. Burgundy can therefore approach the coming months with serenity, even though certain markets are inevitably affected.
Marketing for the 2007 vintage started very well for wine-growers since the traders acquired 52% in its first year of sale (2007-2008 campaign), that is to say
800,000 hl. All vintages together, the total volume of wine bought by traders during this campaign was very high (893,000 hl). This figure is slightly lower (-4%) than the record established during the 2006/2007 campaign, due to the low level of wine growers‘ stocks on the estates.

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