Hi,
https://www.sudouest.fr/gironde/margaux ... 871236.php
Exports in general have been suffering, but since the Trump tariffs (whose legality is hotly contested imports have plummeted.
The boycott of American wine, and the increased importation of Bordeaux hardly make up for the drop.
Best regards,
Alex R.
Exports of Bordeaux wine to the US fall by 40% in value
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JCNorthway
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Re: Exports of Bordeaux wine to the US fall by 40% in value
Alex, those of us who still wish to buy wines from France are feeling the pinch from tariffs. Wines I have purchased annually for several years are up over 10% and as much as 20% since our "fearless leader" took over last year. And I have to admit that I have purchased fewer bottles fom France in order to live within my income constrained budget. I realize there are other factors contributing to the overall decline, but for me is is largely the pricing impact of tariffs.
Re: Exports of Bordeaux wine to the US fall by 40% in value
Guys
I really don’t need any more wine.
I have enough to last until I’m in my late eighties and only if I never buy another bottle.
Yeah, that’s likely…
I am getting deals on really nice Bordeaux every day of the week for 30-50% less than a few years ago.
So I have virtually stopped buying Burgundy (okay with a few exceptions) as I can load up on good Bordeaux at prices I have not seen for decades.
Singapore is of course a tiny market compared to the USA, UK etc, but I am trying hard to keep the Chateaux solvent.
Actually it is really sad. I get lots of data from the AWRI every few days on trends and other data internationally and in Australia. There are lots of small producers across Europe and the new world that are really suffering, and the politics annoys me. Lives and businesses are being destroyed. Even in Australia, many growers are insolvent and often the grapes are just left on the vines to rot.
Im surprised that tariffs would make that much difference but that is of no help to the producers who suffer due to politics.
I really don’t need any more wine.
I have enough to last until I’m in my late eighties and only if I never buy another bottle.
Yeah, that’s likely…
I am getting deals on really nice Bordeaux every day of the week for 30-50% less than a few years ago.
So I have virtually stopped buying Burgundy (okay with a few exceptions) as I can load up on good Bordeaux at prices I have not seen for decades.
Singapore is of course a tiny market compared to the USA, UK etc, but I am trying hard to keep the Chateaux solvent.
Actually it is really sad. I get lots of data from the AWRI every few days on trends and other data internationally and in Australia. There are lots of small producers across Europe and the new world that are really suffering, and the politics annoys me. Lives and businesses are being destroyed. Even in Australia, many growers are insolvent and often the grapes are just left on the vines to rot.
Im surprised that tariffs would make that much difference but that is of no help to the producers who suffer due to politics.
Re: Exports of Bordeaux wine to the US fall by 40% in value
Mark,
It's not *just* tha tariffs, although these, of course, have a pretty negative effect.
There are other factors at play, most importantly from my perspective, is the fact that young people are shying away from wine, especially red wine.
Alex R.
It's not *just* tha tariffs, although these, of course, have a pretty negative effect.
There are other factors at play, most importantly from my perspective, is the fact that young people are shying away from wine, especially red wine.
Alex R.
Re: Exports of Bordeaux wine to the US fall by 40% in value
Alex
Yes, you are correct. Same thing is happening in most developed countries, including France itself.
I get quarterly updates of sales from the AWRI for the Australian market and all Australian exports.
Sales in Australia have stabilized in volume terms yet red wine sales are being replaced by white and rose.
There is also a lot of experimentation with a range of new (for Australia) varieties.
You may recall that Australia had some political dramas with China during and after the Covid period.
in 2018, sales to China were 175M litres, yet in 2022, 23 and 24, they were minimal, I mean single digit figures.
China was in 2018 single largest market for Australian wine and this demand really saved the industry.
And like Trump, tariffs were a political tool, and I mean huge increases (up to 200%).
However, sales of European wines and those from the USA and Chile have steadily fallen over the last five years.
The pressure is at least partly off the Australian industry but the tariff war could easily hit again.
In the meantime, the industry needs to find ways to make wine more fashionable and cool to younger drinkers.
it is not that the younger generation have decided to become teetotalers.
And on that point, usage of synthetic drugs is increasing in Europe (and in many other places as well).
I keep hearing that young people want a "cleaner" lifestyle (whatever) but the drug usage data shows that while the traditional drugs used such as weed, MDMA, opiates, various types of speed and cocaine/crack are holding their own, there is a variety of new and synthetic drugs such as cathinones, ketamine derivatives, synthetic opioids, nitazines, synthetic cannabis, whatever. In 2023 alone, 26 new synthetic drugs were found on European streets. Adverse outcomes are high with new drugs as there is no clear treatment regime. Every time the health authorities even determine what a new drug is, numerous new derivatives hit the market.
cheers
Mark
Yes, you are correct. Same thing is happening in most developed countries, including France itself.
I get quarterly updates of sales from the AWRI for the Australian market and all Australian exports.
Sales in Australia have stabilized in volume terms yet red wine sales are being replaced by white and rose.
There is also a lot of experimentation with a range of new (for Australia) varieties.
You may recall that Australia had some political dramas with China during and after the Covid period.
in 2018, sales to China were 175M litres, yet in 2022, 23 and 24, they were minimal, I mean single digit figures.
China was in 2018 single largest market for Australian wine and this demand really saved the industry.
And like Trump, tariffs were a political tool, and I mean huge increases (up to 200%).
However, sales of European wines and those from the USA and Chile have steadily fallen over the last five years.
The pressure is at least partly off the Australian industry but the tariff war could easily hit again.
In the meantime, the industry needs to find ways to make wine more fashionable and cool to younger drinkers.
it is not that the younger generation have decided to become teetotalers.
And on that point, usage of synthetic drugs is increasing in Europe (and in many other places as well).
I keep hearing that young people want a "cleaner" lifestyle (whatever) but the drug usage data shows that while the traditional drugs used such as weed, MDMA, opiates, various types of speed and cocaine/crack are holding their own, there is a variety of new and synthetic drugs such as cathinones, ketamine derivatives, synthetic opioids, nitazines, synthetic cannabis, whatever. In 2023 alone, 26 new synthetic drugs were found on European streets. Adverse outcomes are high with new drugs as there is no clear treatment regime. Every time the health authorities even determine what a new drug is, numerous new derivatives hit the market.
cheers
Mark
Re: Exports of Bordeaux wine to the US fall by 40% in value
Guys
Just one additional note.
The latest data from Wine Australia shows that US sales (by market share) have fallen from 17% to 5%, with all others picking up commensurately.
So Australia and France each have 18% share, Italy the highest at 21%.
Are wines being discounted in the USA??
cheers
Mark
Just one additional note.
The latest data from Wine Australia shows that US sales (by market share) have fallen from 17% to 5%, with all others picking up commensurately.
So Australia and France each have 18% share, Italy the highest at 21%.
Are wines being discounted in the USA??
cheers
Mark
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JCNorthway
- Posts: 1684
- Joined: Mon Jan 26, 2009 9:31 pm
- Contact:
Re: Exports of Bordeaux wine to the US fall by 40% in value
I don't personally see any noticeable discounting. But that is based only on my observation as a customer and not on any actual data.
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