Wine

Article Abstract:

The UK wine market is growing at over 5% per year with the total volume of sales for 1998 expected to be almost 800 million liters. Experts predict that this level of growth is likely to continue, with red wine continuing to take a growing percentage of the market. French producers dominate the market, accounting for 35% of imports in 1997, but Australian wines are becoming increasingly important and have acquired the third biggest source of imports in terms of value. The off-trade accounted for around 84% of sales by volume in 1998, with grocery multiples accounting for more than 60% of this figure.

Analysis

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Champagne and other sparkling wine

Article Abstract:

The United Kingdom market for champagne and other sparkling wines grew 6% by volume to 31.3 million litres in 1995 from 1994, with the market expected to grow another 15% in 1996. Sales grew 13% by value to 660 million pounds sterling in 1995 from 1991. Champagne accounted for 40% of the market by volume in 1995 and 73% by value because of increased sales of higher quality products. Advertising expenditure on champagne grew to 3.6 million pounds sterling in 1995 from 1.3 million pounds sterling in 1993. The sparkling wines market is highly dependent on a buoyant economy.

Effervescent Wines, Champagne (Wine), Sparkling wines

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Wine

Article Abstract:

An overview of the wine industry in the United Kingdom is presented, with focus on the industry's market performance, the import and consumption levels of wines. It is emphasized that consumption of wines in the United Kingdom is increasing.

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