Investing in innovation
Structural changes in the market
The trade of wine in various bulk formats has grown rapidly over the last 10 years, particularly in export markets for the new-world wine producing countries. This growth is partly due to the improvements in available food grade freight equipment and handling, but is mostly due to market competitive pressures.
By packing finished product in-market close to its final point of sale, the cost savings are significant, particularly for a wine being supplied from half way around the world. The advances in bulk wine transportation, coupled with new and improved bottling facilities has introduced greater capacity and with it, improved efficiency and lower costs by bottling in-market.
These structural changes, coupled with growing consumer demand have contributed to the globalisation of wine, and for commercial quality wines a more universal style has evolved that can now more easily be supplied by almost any number of competing countries.
A large and growing market
Industry estimates for the trade of bulk wine range between 6 – 10 billion litres (excluding must, juice, concentrate and grape spirit) domestically and internationally each year, depending on vintage and market conditions.
The International Organisation of Vine and Wine (OIV) reports that almost 4 billion litres of bulk wine is exported each year, and over the last 5 years volume has grown on average at 6.0% year on year. In total, more than a third of the world's wine production is traded annually in bulk before it is finally bottled and made available for consumption.
A comprehensive development
VINEX is a London based market-leading business-to-business Exchange dedicated to facilitating the trade of bulk wine and grape derived product, connecting buyers and sellers within and across regions and markets. The Exchange is supported by a network of Regional Managers, backed by a team of market analysts, publishers and wine professionals keeping the market informed.
Our aim is to provide members with an independent and secure, real-time trading facility that promotes an efficient and transparent marketplace with greatly improved connectivity. Through our success we will provide an important service to the wine industry and build strategic value for shareholders.
If you would like more information about the opportunities to invest in VINEX, please direct your enquiry to the Managing Director.