Wine Industry Classifieds
-
Wine Jobs
Assistant Manager
Assistant Cider Maker
Viticulture and Enology...
-
Wine Country Real Estates
Winery in Canada For Sale
-
Wine Barrels & Equipment
75 Gallon Stainless Steel...
Wanted surplus/ excess tin...
Winery Liquidation Auction...
-
Grapes & Bulk Wines
2022 Chardonnay
2023 Pinot Noir
2022 Pinot Noir
-
Supplies & Chemicals
Planting supplies
Stagg Jr. Bourbon - Batch 12
-
Wine Services
Wine
Sullivan Rutherford Estate
Clark Ferrea Winery
-
World Marketplace
Canned Beer
Wine from Indonesia
Rare Opportunity - Own your...
Promotional Tools
Wine Industry Events
New companies to directory
- Wine Jobs UK
- DCS Farms LLC
- ENOPROEKT LTD
- Liquor Stars
- Stone Hill Wine Co Inc
Imported Wine to Gain Market Share
Apr 17, 2012
(Wines&Vines) - Consumers will turn to affordable imported wine in coming years as the domestic wine industry works to overcome a production shortage. That scenario is one prediction from Silicon Valley Bank’s annual state of the wine industry report released this morning. Rob McMillan, founder of the bank’s wine division, said the weakening value of the euro versus the dollar and California’s short grape supply will cede market share to imports. “As continuing demand growth in wine is starting to exceed our ability to fill from domestic sources, market share in total wine sales will be handed over to imports in 2012. The guess here is that growth will come from EU countries,” McMillan writes in his report.
Comments:
Leave a comment
Advertisement