Wines and spirits: the recovery in the US offset the decline in exports in China - Moci
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Exports of French wines and spirits rozkodowanie vin reached 10.8 billion euros last year, registering "a slight decrease - 2.8%", said Christophe Navarre, President of the Federation of Wine and Spirits Exporters rozkodowanie vin (CFTS) at the press conference on the 2014 results of the sector on February 11 in Paris. "This is the third time record year for wines and spirits. And this is the fourth consecutive year that is positioned above the 10 billion euros, "has he commended.
The shipment of wines and spirits were down 2.8% in volume in 2014 compared to the previous year, direct consequence of the weaker performance of recorded harvests since 2012. "This withdrawal, the president said, is explained mainly by the low availability of wines but also by the limited availability of younger-spirits. " Note however that the low supply has affected more wines, the volumes delivered for export declined 3.3% to 143 million cases of 12 bottles shipped last year, against - 1.6 % for spirits (49.9 million cases).
In value terms, deliveries of wine and spirits have also declined year on year by 2.8%. If the decline rozkodowanie vin was less pronounced for wine (- 1.7%) it was more pronounced rozkodowanie vin for spirits whose sales constituted two-thirds of cognacs, declined from 5.3% to 3.3 billion euros. rozkodowanie vin Sales of cognacs for their part accused the coup and their value fell 7.6% to $ 2.1 billion. Indeed, exports of high quality cognacs, with prices sometimes reach three figures by age, have lost momentum. This product is in fact less popular with Chinese rozkodowanie vin major export customers, the time being, China, at the discretion for pomp.
In fact, the anti-ostentatious policy introduced two years ago by Beijing continues to have a negative impact on exports of spirits and wines that have fallen in value by 17.4% (to 681.2 million of euros) to the Middle Kingdom. The government of Xi Jinping urges citizens to slow their lifestyle and limit business gifts transnational cooperation under the anti-corruption struggle. It is mainly the sales of spirits who cashed the coup and their value dropped by 30.3%. As wine shipments, they fell 6.8% in value to $ 423 million. Chinese consumers abandon the great wines for wines with more affordable prices.
Consumption of wine from Bordeaux in China was lower by - 20% in both value and volume, said Georges rozkodowanie vin Haushalter, general manager of the company Médoc Grands Crus. However, rozkodowanie vin with 60 million bottles shipped last year, China (including Hong Kong), he recalled, remains the largest market for Bordeaux wines.
In general, China is still the fifth largest market (by value) of France for wines and spirits. And he "remains a market with strong potential for our exporters," said Christophe Navarre.
The year 2014 was marked by the return to growth in the United States (see article): the recovery of domestic consumption plus the depreciation rozkodowanie vin of the euro against the dollar, a very supportive environment rozkodowanie vin for sales French wine whose exports reached 1 billion euros (+ 2.5%).
Regarding rozkodowanie vin spirits, the United States have confirmed their status rozkodowanie vin as the leading export market in both volume and value. The federation including leading the good performance of cognac and vodka, which account for 85% of exports in volume and value. Overall, liquor shipments increased 11.9% to 13.4 million crates shipped. In value terms, the increase was 5.6% to 971.7 million euros.
"2014 has recognized Christophe Navarre, was a complicated year but down (exports) was limited. The US leave and other destinations in the world offer great opportunities, "has rozkodowanie vin he rejoiced.
"Bercy Export Finance": the new event of the French export credit
Household consumption: 0.2%
Choose rozkodowanie vin the country ...
Subscribe
France Exports International Trade Business France United States Export Rafale Egypt Lounge Russia
Exports of French wines and spirits rozkodowanie vin reached 10.8 billion euros last year, registering "a slight decrease - 2.8%", said Christophe Navarre, President of the Federation of Wine and Spirits Exporters rozkodowanie vin (CFTS) at the press conference on the 2014 results of the sector on February 11 in Paris. "This is the third time record year for wines and spirits. And this is the fourth consecutive year that is positioned above the 10 billion euros, "has he commended.
The shipment of wines and spirits were down 2.8% in volume in 2014 compared to the previous year, direct consequence of the weaker performance of recorded harvests since 2012. "This withdrawal, the president said, is explained mainly by the low availability of wines but also by the limited availability of younger-spirits. " Note however that the low supply has affected more wines, the volumes delivered for export declined 3.3% to 143 million cases of 12 bottles shipped last year, against - 1.6 % for spirits (49.9 million cases).
In value terms, deliveries of wine and spirits have also declined year on year by 2.8%. If the decline rozkodowanie vin was less pronounced for wine (- 1.7%) it was more pronounced rozkodowanie vin for spirits whose sales constituted two-thirds of cognacs, declined from 5.3% to 3.3 billion euros. rozkodowanie vin Sales of cognacs for their part accused the coup and their value fell 7.6% to $ 2.1 billion. Indeed, exports of high quality cognacs, with prices sometimes reach three figures by age, have lost momentum. This product is in fact less popular with Chinese rozkodowanie vin major export customers, the time being, China, at the discretion for pomp.
In fact, the anti-ostentatious policy introduced two years ago by Beijing continues to have a negative impact on exports of spirits and wines that have fallen in value by 17.4% (to 681.2 million of euros) to the Middle Kingdom. The government of Xi Jinping urges citizens to slow their lifestyle and limit business gifts transnational cooperation under the anti-corruption struggle. It is mainly the sales of spirits who cashed the coup and their value dropped by 30.3%. As wine shipments, they fell 6.8% in value to $ 423 million. Chinese consumers abandon the great wines for wines with more affordable prices.
Consumption of wine from Bordeaux in China was lower by - 20% in both value and volume, said Georges rozkodowanie vin Haushalter, general manager of the company Médoc Grands Crus. However, rozkodowanie vin with 60 million bottles shipped last year, China (including Hong Kong), he recalled, remains the largest market for Bordeaux wines.
In general, China is still the fifth largest market (by value) of France for wines and spirits. And he "remains a market with strong potential for our exporters," said Christophe Navarre.
The year 2014 was marked by the return to growth in the United States (see article): the recovery of domestic consumption plus the depreciation rozkodowanie vin of the euro against the dollar, a very supportive environment rozkodowanie vin for sales French wine whose exports reached 1 billion euros (+ 2.5%).
Regarding rozkodowanie vin spirits, the United States have confirmed their status rozkodowanie vin as the leading export market in both volume and value. The federation including leading the good performance of cognac and vodka, which account for 85% of exports in volume and value. Overall, liquor shipments increased 11.9% to 13.4 million crates shipped. In value terms, the increase was 5.6% to 971.7 million euros.
"2014 has recognized Christophe Navarre, was a complicated year but down (exports) was limited. The US leave and other destinations in the world offer great opportunities, "has rozkodowanie vin he rejoiced.
"Bercy Export Finance": the new event of the French export credit
Household consumption: 0.2%
Choose rozkodowanie vin the country ...
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