World wine industry is robust

January 20, 2011
Vinexpo insists the world wine industry is in good health – despite big companies looking to dispose of assets.

The world’s largest wine company, Constellation Brands, offloaded its UK and Australian division at a mere A$290 million. It said it wanted to concentrate on premium wines from the US. Meanwhile, Brown-Forman, Foster’s Group and Remy Cointreau are all considering selling their wine divisions this year.

Releasing data compiled by the International Wine and Spirit Research (IWSR), Vinexpo’s chairman, Xavier de Eizaguirre, said at a press conference: “Big companies, especially those with spirit divisions want a quick return and high profits.”Some of these companies want to concentrate on offering premium wines, therefore, the fact they are offloading their wine division does not mean the wine industry is not in good health.”

The IWSR figures showed a healthy outlook for the UK, which has overtaken France for consumer spending on wine and consolidated its position as the world’s biggest wine importing market by value and volume.

Wine consumption in the UK rose 1.1% in 2010 as opposed to 2009, with the total amount consumed rising to 147.12 million 9-litre cases. The rate of consumption in the UK is expected to increase by a further 2.9% between 2010-2014.

Consumers are trading up to over £6.15 per bottle making it the second largest consumer market worldwide, ahead of France but behind the US.

But the average price of a bottle of wine is stable at around £5.21 and is expected to remain at that level for the next five years.White wine is the UK’s favourite colour accounting for nearly 45% of wine consumption.

Consumption of rosé wines, fuelled by consumers switching from red to rosé saw UK sales increase 93% between 2005-2009. Rosé is forecast to rise by a further 11.5% between 2010-2014. Sparkling wine consumption also grew 16.1% from 2005-2009. It is expected to rise 12% to 2014, according to the data.

Emerging markets in Asia and Eastern Europe will continue to prosper by 2014, but these are not expected to match the top western markets in value and volume terms.

Spirits
UK consumption of spirits increased 6.1% between 2005- 2009, reaching 29.58m cases with a predicted increase of a further 4.6% between 2010-2014.

Vodka was the star, growing 20% since 2005 to 8.43m cases in 2010. It is expected to rise 6.7% between 2010-2014.

Tequila consumption also grew 33.3% between 2005-2009. But between 2005-2009, Cognac and Scotch whisky consumption decreased by 13.2% and 10.8% respectively.

The report predicts that between 2010-2014 whisky consumption will stabilise at current levels while Cognac will continue to fall over the same period, down to 8%.Vinexpo will take place this year in Bordeaux between 19 and 23 June.

Source: http://www.harpers.co.uk/news/news-headlines/10046-vinexpo-world-wine-industry-is-robust.html

Clark Wine Center was built in 2003 by Hong Kong-based Yats International Leisure Philippines to become the largest wine shop in Philippines supplying Asia’s wine lovers with fine vintage wines at attractive prices. Today, this wine shop in Clark Philippines offers over 2000 selections of fine wines from all major wine regions in the world. As a leading wine supplier in Philippines, Pampanga’s Clark Wine Center offers an incomparable breadth of vintages, wines from back vintages spanning over 50 years. Clark Wine Center is located in Pampanga Clark Freeport Zone adjacent to Angeles City, just 25 minutes from Subic and 45 minutes from Manila.

Wines from Burgundy, Bordeaux, Rhone, Loire, Spain, Portugal, Germany, Austria, Alsace, USA, Australia, New Zealand, Italy, South Africa, Chile and Argentina etc. are well represented in this Clark Wine Shop.

http://www.ClarkWineCenter.com

Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.

For inquires and reservations, contact us here

Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)

Wine@Yats-International.com

YATS Wine Cellars
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 ask for Rea or Chay

Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center.