EU wine producers have been assessing the potential impact of a 30% tariff on wine bound for the US market following the latest missive from The White House on Friday (11 July).
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French wine on-trade sales have taken a hit over the past year, though bright spots are present, with a strong showing in the off-trade for Gallic labels by contrast. Off-trade performance is partly spurred by French sparkling – according to Kantar’s Take Home Purchase Panel the category grew 24% and 4.6% in terms of volume and value respectively over the past five years – the diverging figures potentially illustrating the promise of categories such as Crémant.
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Has Greece reached a tipping point in the UK? Certainly, the many producers at Maltby&Greek’s annual showcase tasting in London were hopeful that this is the case, with the hard graft and shoe leather that both they and their importer have put in over the last decade now seemingly paying off.
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UK gin exports returned to growth in 2022, with South America and Asia leading the upturn, although EU sales, including to leading market Spain, remained significantly lower.
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The UK has signed a far-reaching trade deal with New Zealand to remove trade barriers on many UK goods and services and provide new opportunities for British businesses.
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The Government is currently considering levying a 25% tariff on US wine imports reaching the UK. But there is another long-suffering category in American whiskey, which was left out of a recent revision and five-year suspension on tariffs for spirits travelling between the US and Britain. Greg Mefford, international sales director at spirits maker Luxco, looks at the implications for a popular category.
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Exports of Beaujolais wines to the UK continued to rise in both value and volume last year.
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China has imposed taxes of up to 212% on imports of Australian wine.
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Confusion continues over a potential block on Australian wine imports by China in response to ongoing tensions between Canberra and Beijing.
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Despite falling wine import volumes, China continues to mature as a market, according to the latest country report from Wine Intelligence.
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World Bulk Wine Exhibition (WBWE) has launched its first Chinese edition in the northern port city of Yantai in response to the booming market for bulk wine imports into China.
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The second annual ProWein Business Report looking at the attractiveness of international export markets for wine has placed China in pole position for the first time.
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Wine imports into China are continuing to soar, boosted by a strong-performing Australia, while overall Chinese consumption continues its downward trend.
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