The globe in a glass

Article Abstract:

Wines from the Americas have become popular since the 1970s, with Californian wines performing well at a tasting in Paris, France, in 1976. Australian developed their exports in the 1980s, and Chilean wine has become important in the 1990s, with Argentina also looking set for a breakthrough. France, Spain, Italy and Australia tend to import little wine, though the US and Germany both make and import wine. Western Europe still accounts for some 70% of wine production and consumption, though production is expanding rapdily in the New World.

Wine and wine making, Wine making

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A rum business

Article Abstract:

The wine industry faces a number of problems such as easy entry to the market, and problems affecting any agricultural crop, including threats from adverse weather. Venture capitalists may have little enthusiasm for the industry, seeing it as having low growth potential and low returns. Yet wine can be seen as a luxury good rather than a beverage, and the quality end of the market is performing well. There are threats from a possible world gut of wine, and from dangers of barriers to entry being erected in European markets.

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The disappearing drinker

Article Abstract:

Wine consumption has dropped world wide by a quarter since 1982, with the drop especially apparent in countries that have been traditional producers and consumers. There has been an increase in wine consumption in Scandinavia and Britian, and Japan has also seen a sharp rise from 1995. This increase is not enough to offset the fall elsewhere, but there has been a trend toward consuming better quality wine, and this helps producers, who can move upmarket and benefit from this trend.

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