Rabobank Quarterly Q2 2018 Report
Report summary
Higher prices do not discourage investors
Higher prices for wine are now assumed and accepted, and innovation is increasing as categories blend. Demand for organic wine is growing, even if it has taken longer than initially anticipated. These, and other items, provided food for thought after our visit to ProWein.
Bulk wine prices remain firm
Closing Q1 and entering the harvesting period for the Souther Hemishpere, bulk wine prices remain high after having steadily increased in the last months of last year. Tight availability is likely to prevent any correction in the near future.
Russia, China, Brazil import more wine
In 2017, these three countries sharply increased their imports of wine from Italy, France, Spain, Australia and Chile. The wine trade continues to move further away from its tranditional markets.
Read our latest RaboResearch report 'Wine Quarterly Q2 2008: Reflections from Prowein 2018” Download here.
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