Following the closure of the 2017 harvest season, where the harvest has been much lower than in previous years, and in view of the fact that in Europe there has also been a significant decline in harvests, there has been a great reduction and in other countries traditionally wine producers like Argentina and Chile also the forecasts are bad, now it is necessary to analyze and to see how the markets and the sales will evolve to see if finally there is a generalized escalation of prices and to what extent it could arrive.
With the world's lowest harvest for years, we have a panorama where the deficit of wine in France, Italy, Germany and Spain is more than evident. The next step would be to think about an escalation in wine prices, but determine how complicated it is and will depend on each winery. There will be those who do not want to sell because they have already sold a part of their harvest, or because they expect to revalue their wines in the coming months and there will be other wineries that prefer to take their wine as demanded. What is clear is that only the market will be the one that will mark the price guidelines and the closing of sales operations.
The Decanter Asia Wine Awards 2017 (DAWA 2017) were held during this month of September in Hong Kong, where more than 50 wine experts, including the best sommeliers and Masters of Wine, perform the blind tastings classifying the wines by region and style. At the DAWA 2017 awards, 3,235 wines participated, being this year the largest number of participants.
The jury was made up of experts from different countries including China, Hong Kong, Macao, Japan, Singapore, India, Indonesia, Korea and Taiwan... Read more
Spanish wine exports reached during the first half of the year a record of 1.320,7 million euros, representing an increase of 6% over the period 2016 according to Customs data analyzed by Observatorio Español del Mercado del Vino (OeMv).
The increase is due in large measure to the increase in the prices at which Spanish wines are being exported. Less liters are exported but with a higher price, with a rise of 6.7%, resulting in a growth in global turnover... Read more
With the summer, the heat and the holidays, we meet with family and friends, we have informal dinners, and meals with desserts that stretch until night ... in short, we want to drink a fresh and fruity wine in the company of ours.
We present the White Wine Verdejo Criado sobre Lias 912 de altitud 2016 of Bodegas Veganzones. A fresh wine that it’s aging on lees brings complexity and fineness in the nose, being tasty and aromatic in the mouth... Read more
EU wine exports will benefit from the trade agreement signed between the European Union and Japan. After four years of negotiations, this agreement will provide preferential access to EU wine exports, since the import tariff will be eliminated with the entry into force of the agreement.
Japan is currently the fifth destination market for European Union wines and tenth for Spain. It is a market with great value for Spain, since it has the highest average prices (2.22 € / liter).. Read more